Charley Tarchichi
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Are you in the process of purchasing a piece of land with someone and have the intention of developing the land and subdividing it? Well, here’s what you need to know to avoid an unnecessary tax along the way.
Legislation increasing the instant asset write-off threshold from $1,000 to $20,000 for the 2024 income year passed Parliament just 5 days prior to the end of the financial year.
Now's the time to review what strategies you can use to minimise your tax before 30 June 2024.
