tax avoidance

  1. C

    Property tax advice in Melbourne CBD?

    I've been a regular reader of Somorsoft for the past 12 years, first time poster! My husband and I are doing a townhouse development in Melbourne (east brighton) and realise we now urgently need tax advice ASAP, before we get any deeper. Can anyone recommend an accountant who specialises in...
  2. Terry_w

    Why it may be a good idea to use a company to own property

    Companies are generally not recommended for holding growth assets in. This is mainly because: 1. No access to the 50% CGT discount 2. Income does not retain its character - e.g. capital gains incurred by the company come out to the shareholders as dividends and no capital gains. But...