Arabon’s hub for the latest news, advice and tips on topics including bookkeeping, payroll, starting and growing your own business.

Arabon Business Accounting Property

Would you buy a house with friends or relatives?

 It’s not uncommon for friends and relatives to band together to capitalise on the investment property market.  But what happens when it all goes wrong?


Arabon Business Accounting Social Media

Should Business Push a Social Agenda?

For years we’ve been told that consumers prefer businesses that take a stand on social issues – those that are environmentally and socially friendly. But is that always the case?


Arabon Business Accounting Audit ASIC

ASIC targets growing companies in Audit crackdown

ASIC is in the midst of a concerted campaign targeting private companies that have outgrown the reporting exemptions.


Arabon Business Accounting Main Residence Exemption

Main Residence Exemption Removed for Non-Residents

The Federal Budget announced that non-residents will no longer be able to access the main residence exemption for Capital Gains Tax (CGT) purposes from 9 May 2017 (Budget night).  Now that the draft legislation has been released, more details are available about how this exclusion will work.


Arabon Business Accounting Selling Property

What Everyone Selling a Property Valued at $750K or More Needs to Know

Every vendor selling a property needs to prove that they are a resident of Australia for tax purposes unless they are happy for the purchaser to withhold a 12.5% withholding tax. From 1 July 2017, every individual selling a property with a sale value of $750,000 or more is affected.



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