Property Tax Accounting - TMS Financial

Understanding Stamp Duty (NSW): A comprehensive guide for property buyers

by Thomas S Phabmixay | Oct 2, 2023 | ATO, Business Owners, Property Tax Accounting, Tax Planning

Home | Articles | Understanding Stamp Duty (NSW): A comprehensive guide for property buyersStamp duty, or transfer duty, is a tax that most purchasers are obligated to pay when acquiring a residential property or vacant land in Australia, including NSW. The NSW...

Understanding Capital Gains Tax on Inherited Property in Australia

by Thomas S Phabmixay | Sep 19, 2023 | Property Tax Accounting, Tax & Accounting, Tax Planning

Home | Articles | Understanding Capital Gains Tax on Inherited Property in Australia If you are an individual beneficiary or a Legal Personal Representative (LPR) who has inherited Australian residential property from a deceased estate, you may be eligible for...

Maximising Your Returns: Exploring the Benefits of Franked Dividends in Australia

by Thomas S Phabmixay | Jul 6, 2023 | Income Tax Returns, Investment Structures, Property Tax Accounting, Tax Planning

Home | Articles | Maximising Your Returns: Exploring the Benefits of Franked Dividends in AustraliaFranked vs unfranked dividends — When the company issuing the dividend has paid tax, the investor who holds the shares will receive a franked dividend with a franking...

Unlock the Benefits of a Bucket Company: Maximise Tax Savings and Protect Your Assets

by Eng SIVIENG | Jan 30, 2023 | Asset Protection, Business Owners, Business Structures, Property Tax Accounting, Tax & Accounting, Tax Planning

A bucket company in Australia is a type of company structure that is typically used for tax planning purposes. It allows for the distribution of profits at a lower corporate tax rate, rather than individual tax rates.