By Josie Kay on Friday, May 9, 2008Filed Under: Superannuation
If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Q. Investment earnings in superannuation are taxed at 15%. What happens when your super fund makes a loss? (as may well be for me again this year). Is there no tax? Is there a credit (I wish) or is [...]
Popularity: 35% [?]
By Josie Kay on Wednesday, April 16, 2008Filed Under: Tax Problems
Q. In August 2004 I bought an investment house with the plan to live in it when I retire. (I’m 55 yrs old in August 2008).
I own my existing home and the investment house has been rented since the day I bought it. My plans have since changed and I wish to sell the [...]
Popularity: 29% [?]
By Josie Kay on Tuesday, March 25, 2008Filed Under: Tax Problems
Q. Hi Josie just a quick question. In 2001 my wife and i purchased our home and 50 acres for $198000.We have just sold half the land alone for $218,000 leaving us the house and 25 acres. We own the place outright and want to know what capital gains we would have to pay and [...]
Popularity: 26% [?]