Recent research shows that 36 per cent of the adult Australian population own investments listed on the stock market. That’s nearly 6.5 million investors, some investing as individuals and some investing through Self- Managed Super Funds (SMSFs).
With tens of thousands of Australians now offering products or services through organisations like Uber, Airbnb and Airtasker, it’s never been more important to understand how the tax laws apply to these new ways of working.
Is your house too big now the kids have moved out? You should make the most of the home down-sizers superannuation contribution scheme.