Government’s Stimulus Package in response to the Coronavirus
David Briese • March 26, 2020
There is a myriad of information coming in thick and fast from Australian Government, Qld Government and banks in relation support and incentives that are available. Our team has sourced the details from NTAA, Government and other sources to bring you this summary of what you can access. (Please note this is changing rapidly – so this is correct as at 8am 26/03/20). Please contact us if you need help navigating this information.
The post Government’s Stimulus Package in response to the Coronavirus appeared first on BMO Accountants.
In the weeks after the Federal Budget’s announcement to change the rules for negative gearing and the reduction to Capital Gains Tax (CGT), headlines continue to spark debate, and a familiar question lingers: what does this mean for my investments?
Property investors are facing a whole new world this financial year following the tax reforms announced in the May Federal Budget, the ATO tightening the rules around claiming deductions for holiday homes and the government’s decision to abolish the ability to purchase residential property through self-managed super funds (SMSFs).
