Joondalup, Perth, Western Australia     info@ybaccountants.com.au     08 9300 3433

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at your Business Accountants we support investment owners with the YBA Wealth Portal

If you own an investment you will be facing a potential capital gains tax on the profit you make once you sell your investment.  This means that to prepare the calculation you will need to have all the details of :-

  • the offer and acceptance when you bought your asset

  • the purchase documents for your asset

  • expenses incurred on your asset which have not been claimed against income

  • details of costs incurred on the improvement of your asset

  • Interest expenses incurred during the ownership of your asset which have not been claimed against income

  • Depreciation Schedule information of claims made

All these documents need to be kept throughout the ownership of your asset as well as for approximately 5 years after sale.

That could be a long time to keep paperwork.

To make it easier for you and to keep track of the asset during it's ownership we have introduced the YBA Wealth Portal.  It provides a central document area to keep everything together.

Ultimately you will only pay the tax you have to and not extra because you are missing important documents, which you would have to produce to the tax man is requested.

gain control of your rental

At Your Business Accountants we have systems in place to:-

 

Streamline processes to make it easier for you to maintain your properties and shares.

Control the paperwork and keep you up to datewith the value of your investments in real time any time. 

 

Keep you on track and on the right side of the tax man. 

 

Keep everything in one place so you have all the information you need at your finger tips for refinancing, money control and valuations.

Ensure your taxes are on time every year, but before that is even compiled, you know during the year how your investments are tracking and whether you are actually incurring tax as the year progresses.