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Should family homes valued above $2M pay CGT?
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It won't cost an investor a cent to claim deductions correctly as even the cost of a depreciation schedule is 100% tax deductible.
It is important to know the differences between the two, as there may be implications for capital gains tax, income tax and GST.
Victoria and Queensland believe a 51% top tax rate is fairer than increasing the GST.
Case study: for $35 per week, you could own an investment property too.
ALP considers the idea of a minimum tax rate of 35 cents the dollar for anybody earning over $300,000.
We need to modernise our taxation system, says Treasurer, echoing the sentiments of the property industry.
A survey commissioned by the Property Council of Australia shows Australians consider a GST to be fairer than stamp duty.
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Once an investor chooses the depreciation method used for an asset, it cannot be changed.
Foreigners buying houses in Victoria will be be required to pay new taxes.
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