Investax Group

You can generally claim interest on loans for properties under construction, but only once the property is completed and available for rent. The ruling states that while you cannot deduct interest on loans for purchasing land, you may claim interest on loans for construction if it meets the usual tax criteria. For detailed information, visit https://buff.ly/3XMrm0R #PropertyTax #LoanInterest #ConstructionLoans #InvestaxServices #TaxDeductions

A settlor is the person who establishes a trust by transferring assets or property to the trustees for the benefit of the beneficiaries. The settlor plays a key role in defining the terms and purpose of the trust. For more details on trust structures, visit https://buff.ly/47vd3AL #Settlor #Trusts #InvestaxServices #EstatePlanning #FinancialAdvice

Generally, a primary residence exemption cannot be claimed for a property owned by a trust. However, certain exceptions may apply depending on the trust structure and circumstances. Consult with Investax to explore your options. Learn more at https://buff.ly/3TkJtrN #PrimaryResidenceExemption #PropertyTrusts #InvestaxServices #TaxAdvice

During property renovation, certain expenses such as repairs, maintenance, and interest on loans may be deductible. Consult with Investax to ensure you maximize your deductions. Learn more at https://buff.ly/47jP6MI #PropertyRenovation #TaxDeductions #InvestaxServices #FinancialAdvice

Land tax should generally be claimed in the year it was assessed, not when it was paid. Consult with an Investax accountant to ensure accurate tax reporting. Learn more at https://buff.ly/4bIm2zB #LandTax #TaxReporting #InvestaxServices #TaxAdvice

Yes, Investax accountants are experts in accurately calculating your capital gains, ensuring compliance and optimising your financial outcomes. Learn more at https://buff.ly/3APDKnK #CapitalGains #InvestaxServices #FinancialAccuracy #TaxExperts

How long can I be away from home or vacant land intended to be a home before paying land tax in NSW? #LandTaxNSW #PropertyTax #EstatePlanning #InvestaxServices #TaxAdvice

If you miss the tax filing deadline, you may face penalties and interest charges. Investax can help you navigate the process and minimise potential consequences. Learn more at https://buff.ly/471CzNU #TaxFiling #MissedDeadline #InvestaxServices #TaxPenalties

Maximize your tax deductions ! Doctors and nurses can claim a range of work-related expenses to reduce their tax liability. Our comprehensive guide breaks down the key deductions available, from uniforms to professional development. Ensure you’re not leaving money on the table—get the most out of your tax return with Investax. Explore the full guide at https://buff.ly/3Mj2g2O #TaxDeductions #HealthcareProfessionals #InvestaxInsights #TaxTips #DoctorsAndNurses

Investax provides both remote and in-person tax return services, ensuring convenience and flexibility to meet your needs. Learn more at https://buff.ly/3AxcA4R #RemoteServices #TaxReturn #InvestaxServices #FlexibleSolutions