At tax time and everybody wants to get their refund. At Optima Partners we have been seeing many clients who need to lodge their individual tax returns. Part of the service we aim to provide to our clients is to educate them about the taxation consequences of their affairs, so we are always happy to answer questions.Some of the most common “tax time questions” that we get include:
SUBDIVIDING PROPERTY - Avoid Unnecessary Tax I was with a friend a while back and we were reminiscing of the good old days kicking a footy in his parent’s back yard. Occasionally one of us would be a little too overzealous trying to impersonate Gary Abblett Snr and the ball would fly over the back fence. This would usually lead to an argument and paper scissors rock to work out who would jump over to retrieve the ball...more
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