Noel Whittaker's Blog
By Noel Whittaker
CGT and death is a somewhat complex topic, but the main thing to remember is that death itself does not trigger CGT — it merely transfers any CGT liability to the beneficiaries who receive the asset. If the asset is disposed of, they may be liable for CGT, but if the asset is kept for …
The Australian share market is hitting new heights, and of course the question now is whether it is overvalued, or whether it is still a good place to invest. Let’s start with a fundamental truth – nobody in the world can consistently accurately predict the movement of markets. Remember all the doomsayers who sold out …
Capital gains tax on the family home has always been a confusing topic. For starters, your home is exempt from capital gains tax (CGT) provided it is in the name of the homeowners personally, and not in the name of the family trust or a company. Also, you can be absent from your home, and …
I have often written about the power of compound interest. But I am still getting many queries asking what kind of investments offer compound interest. As one reader pointed out, the banks are only paying about 1.5% if you’re lucky, even though she has heard me mention returns of up to 9% per annum. The …
A slight rise in the age pension rates, and some small changes to the deeming rates, mean that many pensioners may now be slightly better off. Also, some retirees who did not qualify for an age pension because they were over the asset test cut-off point may start to qualify. Under the new rules a …