Published Date: 21 Jul 2022
In an attempt to diversify their wealth investments coupled with a desire to escape the day to day of their main income activity, clients often invest in subsequent properties/homes. In many cases these include small farms undertaking a certain level of primary production activities. Over the past few years with an increase of remote work and also a desire to get away from the city, such activity has been even more attractive. Along with the many other adjustments to consider, such an investment can give rise to several taxation considerations.
This podcast explores the various aspects of the taxation implications including:
'Lifestyle Farm' Investments - Key Tax Considerations - Video 21 Jul 2022
'Lifestyle Farm' Investments - Key Tax Considerations - Paper 21 Jul 2022
'Lifestyle Farm' Investments - Key Tax Considerations - Presentation 21 Jul 2022
Trust splitting: The ATO's controversial new TD 2018/D3 - Journal 01 Oct 2018
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