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Tax Differences: Property vs Shares Recently, I stumbled across some figures on the historical returns from Australian shares and Australian residential property (Michael Yardley’s Guide to Investing Successfully, page 220). The numbers suggest that the returns on Australian residential property (7.4%) are better than those for Australian shares (5.5%) over…
If your activity statement is delayed it may have been to check that you haven’t claimed a personal expense as a business expense. When claiming GST credits remember: you can only claim a GST credit for goods or services used in your business if you have goods or services you…