Accounting

Recent changes to superannuation legislation will affect how Self-Managed Super Funds can purchase residential investment property using borrowing arrangements. From 10 August 2026, SMSFs will generally no longer be able to enter into a new Limited Recourse Borrowing Arrangement, commonly known as an LRBA, to acquire residential investment property. For clients who are already considering purchasing a residential investment property through their SMSF using borrowing, the key

The ATO has released a helpful record-keeping checklist for rental property owners. Keeping the right records from the start can make tax time much easier and help you stay organised when it comes to claiming eligible rental property expenses. The checklist covers what records to keep for things like: rental income interest expenses repairs and maintenance council rates and insurance body corporate fees property management costs If you’ve recently purchased an investment prop

Following the recent Federal Budget announcements, you may have questions about what the proposed changes could mean for you, your business, your investments or your superannuation. To help, we have attached a Federal Budget Summary outlining some of the key announcements. Some of the areas covered include: Proposed changes to capital gains tax, including the replacement of the 50% CGT discount with cost base indexation for assets held for more than 12 months, from 1 July 202