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End of financial year – Are you ready?

With 30 June 2017 not far away, thoughts turn towards what needs to be done by the end of the financial year. Following the federal budget being handed down, what needs to be done this year and what impacts strategies going forward? In this article we provide some ideas and tips that might assist with…

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Investment Property Tax Depreciation

Are you maximising your tax deductions available through your investment property? With 30 June fast approaching, it comes that time of year again where we are all starting to tidy up our tax affairs and of course hoping to reduce our tax payable or even increase our tax refund! If you own an investment property…

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Commissioners Corner: Body Corporate Roll and Records

Using ‘roll’ to mean a list or record of names has common usage in a variety of contexts, including an electoral roll or the roll call at school. Its origins appear to be in variations of the Latin ‘rotulus’ or ‘rotula’, pertaining to a wheel. When you think about this word origin when applied to…

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Body Corporate Spending Limits (QLD)

The Body Corporate and Community Management Act 1997 (BCCM Act) sets out a number of spending limits. Some of these intersect with others. Some need to go to general meeting and some depend on the number of lots in the scheme. The rules relating to them are scattered across the relevant Regulation Modules. This article sets them…

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