Introduction Each year, new and existing SMSF trustees face uncertainty about what renovations can and cannot be done on a Self-Managed Superannuation Fund (SMSF) property under a Limited Recourse Borrowing Arrangement (LRBA). Many looks for reliable resources to navigate these complexities, ensuring they remain compliant while optimising their property investments. With ongoing changes in market […]
Even in 2025, many business owners still hold misconceptions about asset protection. Some believe it’s only necessary for the ultra-wealthy, while others assume it applies only to high-risk industries. In reality, asset protection is crucial for all business owners—regardless of their industry or size of the business. Failing to safeguard your assets can leave you […]
It may feel like yet another tax from the Victorian Government, but the Vacant Residential Land Tax (VRLT) has been in place since 2018. This tax applies as an additional levy on properties that remain vacant for more than six months in a year. VRLT is separate from land tax and distinct from both the absentee owner surcharge* and the federal annual vacancy fee*. […]
If you run a business that operates through a trust and has a corporate beneficiary, you may have heard about the complexities of Division 7A and Unpaid Present Entitlements (UPEs). A recent court case—FCT v Bendel [2025] FCAFC 15—has shaken up the ATO’s long-held stance on how UPEs are treated for tax purposes. So, what does this mean […]
The Australian government has announced a significant policy shift in the property market, imposing a two-year ban on foreign investors purchasing existing Australian homes from April 1, 2025. This measure aligns with a similar proposal made by the opposition last year, reinforcing the growing focus on housing affordability ahead of the upcoming election. At Investax, […]
Service entities like a Company or a Trust are a common arrangement among general practitioners (GPs) and other healthcare professionals. We often get calls from doctors asking, “My colleagues and friends are using a company structure to receive income from the practice, paying tax at the company rate, and even employing their spouse for admin work. […]
As we step into 2025, purchasing property through a Self-Managed Super Fund (SMSF) continues to be a popular strategy for property investors, particularly since the Australian Tax Office (ATO) allowed SMSFs to borrow for this purpose. With ongoing economic shifts and an evolving property market, many investors are drawn to the control and security that […]
For many small to medium size business owners, buying property can feel like an uphill battle. Banks often have a maze of requirements, and some even approach small business loans in ways that make owners think twice about borrowing at all. But despite the challenges, owning investment property can be a real advantage, creating a […]
As of 30 June 2023, Australia boasts a robust business landscape with 2,589,873 active businesses. The 2022-23 period witnessed a growth of 0.8%, translating to an increase of 19,973 businesses. This growth was fuelled by a 15.8% entry rate, accounting for 406,365 new businesses. However, as per the ABS, the period also saw an exit […]