Welcome to this month’s issue of our newsletter. Our aim is to keep you informed about current tax and superannuation related matters.
This month we look at:
- Selling your home? Beware of a partial CGT liability: It is important to turn your mind to whether you may only have partial Capital Gains Tax (CGT) main residence exemption available to you and not a full CGT exemption.
- Take care with contribution timing this financial year: It’s crucial to get the timing right so your superannuation contribution is received by your superannuation fund in the current financial year.
- Rental properties: Traps and pitfalls: It might be worth touching on some of the tax traps and pitfalls to be wary of.
- Succession planning for family businesses: Adapting a sound tax governance framework can help you manage tax issues around succession planning before they present a problem.
- How myGov can help you track your super: Keeping track of your superannuation balance is key as it impacts how much you can contribute to superannuation and whether you are entitles to other superannuation concessions and measures.
Click here to read the Rose Partners May 2024 Newsletter
If you would like to discuss anything raised in the newsletter, please contact our Team.
