Lifestyle assets and Capital Gains Tax
The ATO has advised that it has identified some instances where lifestyle assets, such as artworks and collectables, are not being properly accounted for. They said that they want to…
The ATO has advised that it has identified some instances where lifestyle assets, such as artworks and collectables, are not being properly accounted for. They said that they want to…
The ATO is warning trustees of SMSFs who hold investments in collectables* or personal-use assets*, acquired before 1 July 2011, that time is running out for those items to be…