My accountant call me moment ago and said that i will have the 50% discount YAY!!!She said that if my love one die, is exemption from the rule of holding at least 1 year of my late partner 50%. Thanks again for info……i am over the moon atm

I am in shock and very upset about my self and the situation atm. I went to my accountant today and try to fix my capital gain tax. I thought that i have 50% discount because my late wife and i bought the property back in July 2006 (more than a year holding). When i sold the property it have substantial amount of capital gain on that property.…[Read more]

http://www.ato.gov.au/taxprofessionals/content.aspx?menuid=0&doc=/content/00283809.htm&page=1&H1Above the site said i still can lodge in now with no problem.

Can you give me a few tax agent are good in Melbourne?

Ok, So if i do it this month, no penalty apply to me then?

I decided to pay the capital gain tax for the year 2011-2012 (lump sum), will i occur penalty since i sold my property back in July 2010?