The tax impact of renting your granny flat Investing in a granny flat on your Perth property is becoming an increasingly common tax strategy, offering significant tax benefits, including the granny flat tax exemption.  However, it’s essential to understand the complete tax implications associated with investing in a Perth granny flat. This comprehensive guide explores […]

Administering a deceased estate in Western Australia involves specific procedures and timeframes. Below is a guide tailored to WA’s legal requirements and resources. Managing a Deceased Estate in Western Australia: Key Steps and Considerations Dealing with the loss of a loved one is challenging, and managing their financial affairs can be complex. This guide outlines […]

Fringe Benefits Tax (FBT) Exemption: A Game Changer for EV Leasing The Fringe Benefits Tax (FBT) exemption allows salaried employees to finance an electric vehicle (EV) through a novated lease, paying for it entirely from their pre-tax income. This arrangement helps employees save significantly by avoiding the fringe benefits tax, which typically applies when an […]

If your company is in liquidation and you’re a director, you can’t walk away. You have an obligation to help the liquidator and remain engaged, but you are no longer running the company and you can’t make decisions. This can be a confronting position. If your company is in liquidation the process varies considerably depending […]

The primary tax benefit of starting a superannuation pension is that the monies invested in your SMSF will enjoy tax-free investment earnings up to the Transfer Balance Account limit ($2m from 1 July 2025). Lifestyle choices can also affect the decision to start a pension. However, this blog is directed at family business owners with […]

Many family business owners in Perth invest in property as a wealth strategy. However, what happens when a simple investment turns into a full-fledged development project? The shift from property investor to property developer comes with significant tax implications that can impact the project’s after-tax profitability. Are You an Investor or a Property Developer? Understanding […]