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July 16 2020

Coronavirus Super withdrawal implications - the hangover that could last the rest of your life

While I don’t disagree with the Australian government’s decision to allow people to take out $10,000 one year and $10,000 the next due to Covid-19 – I do not view it as a lifeline.

I view it as having a massive night out – but the hangover could last the rest of your life.

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By Scott Kay

Integrity Plus Accounting

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CGT Capital Gains Tax

By Scott Kay

April 13 2021

Building & Pest Inspection For Property You Didn’t Buy

Property Purchased = Cost Base for Capital Gains Purposes You probably already know that the Building and Pest Inspection (and also your Conveyancing Costs) form part of your Cost Base for Capital Gains purposes. This means unfortunately that you do not receive an immediate tax deduction for them, but that they reduce your capital gain […]

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