Investors Archives | Omega Tax & Accounting WA

Reminder for first-time share investors to declare income

Investors, Tax planning, Taxation / By Bradley - change to tax

With the growth of micro-investment platforms helping new investors enter the market, the ATO has issued a reminder for first-time share and Exchange Traded Funds (‘ETF’) investors. The ATO is concerned that first-time investors often do not understand their tax obligations in relation to reporting capital gains from the sale of shares and income in […]

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ATO warns property investors about common tax traps

In 2019/20, over 1.8 million Australians owned rental properties and claimed $38 billion in deductions, so the ATO is reminding property investors to beware of common tax traps that can delay refunds or lead to an audit costing taxpayers time and money. The most common mistake rental property and holiday homeowners make is neglecting to

Investors

Reminder for first-time share investors to declare income

ATO warns property investors about common tax traps

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