Defence Housing Australia (DHA) is a government-backed scheme providing housing to members of the Defence Force and their families. Investors purchase a property from DHA and then lease it back to DHA. Lease terms range from 3-6 years or 9-12 years. Like any property investment, there are pros and cons with the DHA scheme. Without […]
You’ve probably heard the terms franking credit, imputation credit and franked dividend before. These terms all relate to the dividend imputation system associated with investing in Australian shares. In simple terms, before a company distributes a dividend to shareholders, it will have often (but not always) paid company tax of 30% on the payment already. […]
The ATO recently provided clarification around its position on fund-capped contribution limits for superannuation funds (ATO ID 2012/79, sub regulation 7.04). The limits only come into play where: 1) A person under age 65 contributes more than $450,000 in a single contribution to a super fund, or 2) A person aged 65 or older contributes […]
