Ok, not that Succession series. Each month we’ll bring you a new perspective on transferring property. Be it estate planning, managing an inheritance, or the various forms of business succession. This month, we look at the tax consequences of inheriting property. Beyond the difficult task of dividing up your assets and determining who should get what, it’s essential to look…

The cents per kilometre rate for motor vehicle expenses for 2023-24 has increased to 85 cents. For more information and instructions on how to use this claim method, visit the Australian Taxation Office Website. Note: The material and contents provided in this publication are informative in nature only.  It is not intended to be advice and you should not act…