Helping your child into their first home
October 1, 2019
We have recently had several conversations about helping children into their first homes. Some parents have an inter-generational view of wealth and like to pay it forward by providing an early inheritance.
There is no one size fits all approach for this process, or any fam...
TAGS
Tax TipsGSTAgBizAccountantsCashflowGST requirementsIncome TaxPay Less TaxTax Efficiency and Business StructureBusiness Health CheckBusiness lunchesBuying a homeCapital GainsCash and ProfitCompany Tax LossesCompany's - tax rate of 28%Crypto TaxCryptocurrencyCryptocurrency Taxdeductible for taxEntertainment TaxFarming Deductions for Home OfficeFinancial expenditureFirst Home BuyerHome OfficeHome Office Expenses for Business OwnersHybrid BasisInvoice BasisParents Gifting to ChildrenPartnership - taxed at each partner's marginal taxPayments Basisregistered for GSTTax DeductionTax PoolingTaxable PeriodTrust's - tax rate of 33%Understanding Taxvoluntary GST registration