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Author: webbased

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17 Sep

Posted at 06:30h in Taxation

Implications of the new 39% top personal tax rate From the current tax year in progress (ending March 2022), personal income over $180,000 will be taxed at 39%. With the top personal tax rate at 39%, it may make sense to transfer investments held personally to a...

17 Sep

Posted at 02:07h in Property

INVESTMENT PROPERTY: LAW CHANGES AND TIPS Investment property: law changes and tips for maximising returns For properties acquired on or after 27 March 2021: Legislation has passed that extends the bright-line test from five years to 10 years on residential property. The Government intends for the bright-line test to...