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Work-related and rental property claims on ATO’s watch list
31 July 2015 comments PKF Chartered Accountants & Business Advisors

Work-related and rental property claims on ATO’s watch list


Tax time is in full swing and the ATO has highlighted areas of concern for individuals ahead of tax return lodgement time. High on the ATO’s watch list is work-related expense claims that are significantly higher than expected. In particular, the ATO will be paying particular attention to claims that have already been reimbursed by employers and expenses that are, in fact, private. There items [...]


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Small business company tax rate
31 July 2015 comments PKF Chartered Accountants and Business Advisors

Small business company tax rate


Parliament has passed legislation which will implement a 2015 Budget measure to reduce the company tax rate from 30% to 28.5% for companies that are small business entities with an aggregated turnover of less than $2 million. The company tax rate for corporate unit trusts and public trading trusts that are small business entities will also be reduced to 28.5%. For all other companies that are not [...]


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Auction or private treaty
31 July 2015 comments

Auction or private treaty


Vendors new to the selling game can feel a little confused as they try to decide what selling method is best for their home or property.   Those who advocate sale by public auction claim that auction is faster and more reliable as the time frame is defined up front, giving the vendors the best chance to plan and coordinate any subsequent home purchase. They also say that the highest price [...]


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Ten must-have negotiation skills
31 July 2015 comments

Ten must-have negotiation skills


Negotiating skills are important in buying a property – especially if you want to buy at the right price without getting a vendor off-side. Here are the ten skills needed to succeed at the negotiation process.   1. Confidence   In negotiation, the most important thing is confidence. If you do not feel confident there are people who can negotiate the property for you. You [...]


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Holt Snapshot
31 July 2015 comments

Holt Snapshot


We have had some excellent results in Holt in the past month. We have recently listed and sold three properties which have sold within an average of 1-2 week timeframe on the market.   Holt continues to prove popular with buyers, as young families and first home owners search within established suburbs close to schools, parks and the Belconnen Town Centre.      [...]


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Does SIZE Matter?
31 July 2015 comments Symon Badenoch

Does SIZE Matter?


When selling in the ACT I often get asked does SIZE matter?    This question is usually put forward by sellers who believe a large agency might offer more exposure when selling.  I recently had clients who listed their property with me after using one of the largest franchised networks in Australia.  They were originally told they would get exposure to 100’s of real [...]


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ACTEW Water changeover to Icon Water
30 June 2015 comments

ACTEW Water changeover to Icon Water


As of May 2015, ACTEW Water has re-branded to Icon Water.  Bills and other communication from now on will be branded 'Icon Water'. All billing and direct debit details remain unchanged.  If you would like more information, the team at Icon Water can be contacted on: Phone: (02) 6248 3111 Email: talktous@iconwater.com.au Alternatively, our accounts manager [...]


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A look inside Next Gen Canberra's super gym and tennis centre at Lyneham
30 June 2015 comments Jill Hogan

A look inside Next Gen Canberra's super gym and tennis centre at Lyneham


With its business lounge, licensed cafe and relaxation areas, the soon-to-be-opened Next Gen Health Club Canberra at Lyneham is more country club than gym. Located on the site of the old indoor sports facility, the centre was built thanks to a combined public private partnership with Tennis ACT, with which it shares its grounds. Next Gen general manager Tony Fraser said: "It&# [...]


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Feature Property - AUCTION - 10A & 10B Phillips Place Latham
30 June 2015 comments

Feature Property - AUCTION - 10A & 10B Phillips Place Latham


Opportunity of the Year! Dual Occupancy Site - own both and then sell separately! AUCTION: Saturday 4th July 2015, 10am On Site Buyers guide: $600,000+ We have on offer a dual occupancy site of two 3 bedroom homes being sold together and located on a large block of 928sqm. The properties have been strata titled allowing for the new owner to sell them separately at a later date if required [...]


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ACT jobs data reveal education, construction, and professional service jobs on the rise
30 June 2015 comments Primrose Riordan

ACT jobs data reveal education, construction, and professional service jobs on the rise


New jobs data reveals which industries are winning and losing in the Canberra economy, with fewer jobs opening up in hospitality, retail, and heath, and more jobs added in construction, professional services and education. Despite losses in some industries, the detailed quarterly statistics from the Australian Bureau of Statistics show employment in the ACT is slightly up on the last quarter [...]


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