Tags » CGT

Barcelona: Demonstration at the Greek consulate in solidarity with anarcho-syndicalist comrade Lola Gutierez

The Greek state is persecuting a comrade in solidarity from Spain for committing the crime of helping a refugee. Yes, that is the Greek, the good, the humanitarian, the left wing, the state that’s worth a Nobel prize. 74 more words

Repression

Taxing issues for departing taxpayers

The following article originally appeared in the November 2016 issue of The Taxpayer. This is the monthly journal of Tax & Super Australia (formerly Taxpayers Australia). 78 more words

Australian Tax

CGT in Portugal

Capital Gains Tax (CGT) is one of the major matters of interest when it comes to deciding where to buy a property, so it might be worthwhile knowing how it is calculated in Portugal. 556 more words

Legal database - View: Rulings: TR 97/25

Tr 2005/6
This Ruling explains the circumstances where it is considered that:

(a)a lease surrender receipt is assessable income under section 6-5 of the Income Tax Assessment Act 1997 (ITAA 1997); and (b)a lease surrender payment is deductible under section 8-1 of the ITAA 1997. 473 more words

CGT

Why would you create a Family Investment LLP for property?

With all the recent changes in Property Investment Tax rules some investors have sought to move their property investments into LLP’s

Limited Liability Partnerships have largely been ignored by HMRC and untested with case law (so there is a risk that HMRC will start to pay more attention to them if they grow in popularity). 262 more words

Bicknell Business Adviser

Legal database - View: ATO Interpretative Decisions: ATO ID 2003/185

Deductible balancing adjustments

Facts

A taxpayer purchased a number of machines, as part of a bona fide plan to establish a business. The machines were delivered to the taxpayer’s premises, but put aside until refurbishment of the premises was completed and the equipment could be installed. 482 more words

CGT

Legal database - View: Law Administration Practice Statements: PS LA 2003/8

Assets used in producing business income
>could not find “exceptions to the expensing rules, ask on forum

The threshold rule

Expenditure of up to $100 to acquire an asset for business use can be treated as revenue expenditure. 107 more words

CGT