Blog

The Australian Taxation Office (ATO) has released the 2024 Tax Time Toolkit for Investors, a valuable resource for anyone earning money from investments, including property, shares, and crypto assets. Whether you’re a seasoned investor or just starting out, this toolkit includes a range of information, tools and services available to help Australians prepare and lodge their tax return.

<< Download

Key Highlights:

• Top 10 Tips for Rental Property Owners: Avoid common mistakes and save time and money, whether you use a tax agent or file yourself.
• Tax-Smart Tips for Your Investment Property: Learn how to properly claim deductions, understand your tax obligations, and keep organized records.
  Rental Property Expenses: Understand what you can claim, including interest expenses, borrowing costs, repairs, maintenance, and body corporate fees.
• Renting Out Part of Your Home: Get guidance on the tax implications of renting out a room or section of your main residence.
• Capital Gains Tax (CGT): Understand how CGT applies to the sale of investment properties, including inherited property, and shares.
• Crypto Asset Tax Tips: Navigate the complexities of crypto investing and understand your tax obligations.
• Pay As You Go (PAYG) Instalments: Learn how to avoid a surprise tax bill at filing time by making estimated payments throughout the year.

Don’t miss out! Download the 2024 Tax Time Toolkit for Investors from the ATO website and ensure a smooth and stress-free tax season.

More information on ATO 2024 Tax Return: www.ato.gov.au/tax-and-super-professionals

Bilateral Solutions | Registered Tax Agent

Need expert guidance on your tax return, whether you’re an individual or a business owner? Bilateral Solutions is here to help. As registered Tax Agent, we offer a wide range of services, from online preparation to complex filings.

Contact our team or visit our website to learn more: www.bilateralsolutions.com