Make sure you are clear! I recently had to assist a client obtain a foreign resident capital gains clearance certificate since they are selling an investment property. This is the first one I have done and its very important you are the purchaser or
Archives for August 2018
Small company concessional tax rate stays at 27.5%
The company tax rate for companies with less than $25 million annual turnover will be 27.5% for the 2017/18 financial year. This is a welcome relief as the government was aiming to introduce new legislation for companies that derived 20% or more