13 April 2021

Read More
Bitcoin Buyers Beware the Tax Trap

Bitcoin Buyers Beware the Tax Trap

Bitcoin buyers beware the tax trap Cryptocurrencies like Bitcoin and Ethereum have generated a lot of interest over the past few years, particularly due to the spectacular rise and fall of their market value.  From being worth just $1 back in 2011, the value of one Bitcoin today might be as high as $70,000, but that is no guarantee of its value next week! While the big gains sound like great news for an investor, the flipside to consider is that the ATO will take a slice of that pr...

9 December 2020

Read More
Granny flats: tax tips and traps

Granny flats: tax tips and traps

Granny flats: Tax tips and traps The idea of adding a granny flat to your property sounds like a great idea. A property to rent out to generate some welcome extra income, or a home for adult children or mum and dad in their later years. But there are important tax and personal considerations to consider before taking the plunge and digging up the backyard. Although the Federal Budget proposed significant reform in this area (which we cover later in this article), important tax questio...

15 September 2020

Read More
Your Post-COVID Business Repair Kit

Your Post-COVID Business Repair Kit

With June 30 behind us and the economy slowly re-opening, most business owners are thinking about the challenge of repairing and rebuilding their finances after the COVID-19 lockdown. Over the next few months, key tests will come with the withdrawal of government stimulus measures like JobKeeper and the return of your normal wages, rent and financing expenses. An end to landlord rent deferrals and business loan repayment holidays, for those who had them, will make cashflow and debtor ma...

12 February 2020

Read More
The Hunt for Dividend Income in 2020

The Hunt for Dividend Income in 2020

The Hunt for Dividend Income in 2020 With interest rates at historic lows and likely to stay that way for some time, retirees and other investors who depend on income from their investments are on the lookout for a decent yield. Income from all the usual sources, such as term deposits and other fixed interest investments, have slowed to trickle. Which is why many investors are turning to Australian shares for their reliable dividend income and relatively high dividend yields. The aver...

28 August 2019

Read More
Backyard Building Boom

Backyard Building Boom

Backyard Building Boom - tax implications of redeveloping your property
With house prices rising and well-located land becoming scarce in cities, many Australians are looking for creative ways to tap into the value of their own backyard. Some subdivide, while others take the knock-down and rebuild route. But like most things in life, the tax man takes a close interest when it comes to redeveloping your property, so it's important to get professional advice to ensure you don't ...
BOOK A

No Obligation Consultation Today

LATEST NEWS

KEEP YOU UP TO DATE

The True Cost of Aged Care

Sep 15 2021
The True Cost of Aged Care When it comes time to investigate residential aged care for...

Investing Lessons From the Pandemic

Aug 11 2021
When the coronavirus pandemic hit financial markets in March 2020, almost 40 per cent w...

New COVID Support from Federal and NSW Government

Jul 14 2021
New COVID Support from Federal and NSW Government On 13 July 2021, the Federal and ...
Suite 1.01, Level 1
828 Pacific Highway
Gordon NSW 2072
Locked Bag 1011
Gordon NSW 2072
Call Us: (02) 9988 4033
Fax: (02) 9449 4229
Rhodes Docherty | Chartered Accountants Gordon Sydney North Shore NSW