How Child Maintenance Trusts can save tax and grow inter-generational wealth after separation.
Divorce and separation is never a pleasant or inexpensive process but it does provide a unique tax planning opportunity that few know about. After separation one party is often required to pay child support to their former spouse. Depending on the age of the child, this could be for as long as 18 years. This […]
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Non-residents lose CGT main residence exemption
Legislation has now passed imposing restrictions to the popular and highly beneficial Capital Gains Tax (CGT) main residence exemption for non-residents. Broadly speaking, from 30 June 2020, non-residents will no longer be eligible to apply any of the main residence exemptions to reduce or eliminate a capital gains tax liability if they are a non-resident […]
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Get your tax planning ducks in a row
By Chris Burnett With the end of the financial year fast approaching, now is the best time to start to put in place and execute tax planning strategies to help minimise tax. With 7 weeks out before 30 June, we find ourselves in a position where we have more accurate information and a pretty good […]
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