What are the tax and investment considerations for a Granny Flat above versus a Tiny Home below? Income Tax Return Reporting - Income Streaming Tiny Homes Tiny home ownership does not have to follow the ownership interest of the underlying property ownership. For...
Secondary Dwelling From December 2023 the Victorian Government has passed planning changes to make it easier to build Granny Flats - or "small secondary dwellings", on existing homes. The Victorian Premier Jacinta Allan revealed that planning permits will no longer be...
The ATO is particularly targeting property investors that are not using the help of a specialist property tax accountant like Umbrella Property Accountant, due to the high error rate being discovered from ATO Audits. The ATO Audits into self-preparers have uncovered...
Australia Day is to celebrate and remember the day when the first Commonwealth flag was flown over Botany Bay, on the NSW coast. Since then every January 26 is a National Day to celebrate the rich culture & heritage of migrants from around the world that have help make Australia home for all of us.
Let each one of us make a promise to ourselves
that as long as we live, we will help Australia grow
into a better nation with each passing day.
Happy Australia Day to all of you.
The Team @ Umbrella Accountants – Property & Business Accountants