Personal Super, Investments & Savings
This particular area of our site is still under development.
Additional information and resources we be coming soon!
Investment Property Owners
As the press has recently stated, the ATO have got investment property owners in their sights regarding interest and capital expense claims. Attention is also focused on the sale of property regarding any capital gain that may occur. The importance of correct record keeping is never greater than now!
We can assist in claiming the correct amounts allowable on your property thus capitalising on the full value of your asset. With our knowledge in investment property taxation, we can provide vital information on issues such as negative gearing and capital allowance expenses. We can also highlight such traps as black-hole expenses in relation to the pre-purchase costs of an asset.
Retirees
When a person finally gets to retire there can be a lot of confusion on whether they need to lodge a tax return or not. Sometimes with income combinations such as pensions, annuities, super payments and investment income, it can be difficult to tell whether the rebates have been exceeded and tax or Medicare may be due, or tax credits may be claimable as a refund.
At Alan Lewis Accountants we encourage retirees to bring their tax information and check if they need to lodge a return. In a lot of cases there is no need to lodge. In these situations if we do not lodge a return, we do not charge the client any fee. It is our way of assisting seniors who have already done their part in supporting the country over many years by paying taxes.
This information is for guidance only and is not intended as specific advice to any reader. Professional advice should be obtained before acting on any information contained herein. The publisher accepts no responsibility for loss occasioned to any person or organisation as a result of action or the refrain of action as a consequence of the contents of this publication.