GRA Blogs - Search results
LAQCs are no longer the right fit for property investors. Have you made the switch?
by Matthew Gilligan 26 Jan 11As you will now be well aware, the LAQC / LTC tax changes are fast approaching. They take effect 1 April 2011. If you have an LAQC and you have not yet discussed with us what course of action to take, you need to contact us..
Read ArticleIf you have a company that was previously a Loss Attributing Qualifying Company (LAQC) and you did not elect to convert the company into the new Look Through Company (LTC) regime or disband the company into a sole trader or partnership, you now have a..
Read ArticleIf you have a company that used to be an LAQC before the rule change on 1 April 2011 and you have not previously taken any action in terms of transitioning the company into the new Look Through Company (LTC) regime, you still have one..
Read ArticleAs a structuring adviser to investors and business people, one very common mistake with many business and property structures is a spouse being offered as a guarantor to the banks, landlords or creditors of a business. Their personal guarantee is often not required to get a deal done,..
Read ArticleI have some great news to share with you that will help you make headway with protecting your property investments and making sure you pay the least amount of tax, legally of course. After many months of working day and night, my new book 'Tax Structures..
Read ArticleOn 1 April 2011, new GST rules came into force. Perhaps the change of most significance to many of our clients are the new rules around zero rating of land transactions. These rules were brought in to address concerns the Government had about GST leakage..
Read ArticleThe long awaited new associated persons rules have finally passed into law. On 6 October 2009 the legislation received Royal Assent. The new rules apply to land acquired on or after 6 October and in certain instances to improvements made to buildings after that date. ..
Read ArticleThe Tax Working Group report was publicly released at a press conference yesterday, 20 January 2010. Please read our summary including our response of interest to property investors. The highlights of the report seem to be: The lowering of personal tax rates in favour of..
Read Article"Should I sell, or should I wait till the property is worth more?" "I really wanted $20k more. Should I accept this final offer?" "I'd lose $20k on my trade if I sell for that, what should I do?" These are questions that investors, traders and homeowners are..
Read Article