Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Rob Thompson

The Michael Yardney Podcast | Property Investment, Success & Money

As we edge towards the end of the financial year, it's the time that you need to crunch some numbers to make sure you have all your tax obligations right, so today I am again joined by Rob Thompson, Assistant Commissioner of the ATO to dive into the world of taxation, specifically targeting tax time tips, the ins and outs of selling property, and the nuances of Capital Gains Tax.

Rob's here to ensure you can navigate these turbulent tax waters confidently and avoid running afoul of the tax man.

Whether you're looking to sell a property and want to understand the CGT implications, or you're prepping for tax time and seeking ways to optimise your claims, this discussion is tailored for you.

Links and Resources:

Michael Yardney

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ATO Resources:

● Tax time toolkit for investors: ato.gov.au/Investorstoolkit

● Rental properties guide: ato.gov.au/rentalsguide

● Rental video series: ato.gov.au/Rentalvideos

● Property sale clearance certificates: ato.gov.au/clearancecertificate

● Working from home: ato.gov.au/home

● Car expenses: ato.gov.au/car

Shownotes plus more here: Avoiding the Tax Trap: An In-Depth Discussion with Assistant Tax Commissioner Rob Thompson