3-tax time tips from an Accountant: timing, accounts & structures!

Following our article last week about getting your financial affairs in order well before 30th June, we’ve got more insights from key professionals that will help you think strategically about your investing.

This week, our guest writer is Dorin Bentley from Bentley & Co. She is a CPA and experienced business consultant, who is an avid investor herself. Accountants who understand investing at this strategic level do more than process your tax return, they become an integral part of your investment planning, timing of your purchases/sales, structures, and a key person in your wealth creation team.


Top tax tips for property investors before the end of financial year

By the time July rolls around, a new financial year has begun and people start thinking about getting their tax affairs in order. But I’m keen to let you in on a secret: the best time to think about your tax is before June 30. Why? Because it means you have time to squeeze in those final deductions before the tax-time cut off – so you don’t have to wait another full year to claim the refund.


5min snapshot of the property market!

We’ve seen a lot of change over the past twelve months, in ways that we had never expected. The property market has done more than held steadfast, it’s helped bring back confidence and become an avenue for people to set their sights on investing for their future.


Winning the property race

Preparing to buy a property in this fast moving market feels like you’re running a race. There’s a little bit of adrenaline and a touch of panic but don’t fall victim to making emotional decisions from the fear of missing out (FOMO). To invest with clarity and confidence, you need to prepare and you need to understand how to succeed in this kind of market.


Stamp Duty: Victoria reduces land stamp by 50% while NSW stalls

You may have heard of the pending changes to Stamp Duty in VIC and NSW. Victoria has opted for a stamp duty concessions to stimulate property market activity following it’s COVID closures in late 2020. The discount applies to contracts entered into on or after 25 November 2020 and before 1 July 2021. This means that if you’ve been thinking of investing in VIC, you have three months to capitalise on this.


Planning for property success in 2021

The conditions to invest in 2021 are looking promising with low interest rates, government incentives weaning out, business getting back on its feet and an increase in consumer confidence. The level of property market activity leading into the Christmas period is a good measure of what is about to come.