Foreign resident capital gains withholding (FRCGW) applies to real property disposals where the contract price is $750,000 or more.   The foreign resident capital gains withholding (FRCGW) rate is 12.5%. Once withheld from the sale price, you can only get it back once you lodge your tax return. Depending on the timing of the sale, you may be waiting for this money for months. If you sell property for let’s…  Read more

If you’re looking for people to invest in your business, be prepared to answer some important questions. Investors look for smart investment opportunities—that means they want to find out as much as they can about you and your business before they make a decision about whether or not to invest with you. It’s vital to have well thought-out answers to investors’ questions. Give them evidence you’ve thoroughly examined your business…  Read more

Just when you thought you got through the tax hurdle, it hits you… Div293 notices… They are never pretty, they are never easy to explain to clients, the Government keeps changing the thresholds and the tax office keeps changing the means of payments… Let’s just say, they are painful no matter how you look at them… and at the end of the day, you just feel like they are trying…  Read more