McKinley Plowman

The WA property market continues to move quickly, but strong market conditions do not remove the need for careful planning. 🏡 In his latest WA Property Market Update, Finance Director Paul Moran explores the latest residential and office property trends across the state, covering:

📈 Property prices
🏘️ Rental market conditions
🏢 Office vacancy trends
🏦 Lending considerations, and
🤝 The importance of aligning property decisions with the right finance strategy

Read the update here ▶️ https://bit.ly/4dRDeoW

👉 If you're planning a property move in the near future, now is the time to get finance professionals in your corner. Contact us today for a complimentary initial consult!

🏡 As an investment property owner, you may have claimed something just because everyone else does it or thought that you're covered just because it's labelled 'investment property'. Having a rental or investment property has been considered a reliable way to earn extra income. However, the ATO have taken notice of some grey areas these property owners may have taken advantage of.

📑 Updates to the TR 2025/D1 helps to break down what really counts as rental income and creates a greater understanding for what you can claim as a deduction. The ATO is now focusing on how these properties are used, and mixed-use properties now face higher scrutiny if rules aren't followed.

Understand how these new expectations affect you ➡️ https://bit.ly/4v6cQP9

🙅 Not all innovative work is eligible for Research & Development Tax Incentives (R&DTI)...

💡Some business owners may assume "innovative work" automatically qualifies, but successful claims rely heavily on proper planning, documentation, and evidence. Our latest article from Head of Tax Dean Birch explains how businesses can better structure projects for stronger R&D Tax Incentive outcomes:

✔ Understanding eligible R&D activities
✔ The importance of contemporaneous evidence
✔ Staff time apportionment
✔ Common compliance pitfalls
✔ Proposed Federal Budget reforms and what they could mean for businesses

If your business is investing in new products, systems, processes, or technology, now is a great time to review your approach to R&D project governance and give you the best chance of success 👉 https://bit.ly/4eXKGB7

🏘️ Are property investors worse off following the 2026-27 Federal Budget?

No doubt you saw the Budget announcement concerning the reforms to Negative Gearing and Capital Gains Tax. These reforms will limit the benefits of negative gearing to new residential properties, re-introduce capital gains tax cost base indexation, and introduce a 30 per cent minimum tax on capital gains.

👉 So if you own investment properties, it's critical to understand how these changes will impact your portfolio, tax position, and any future plans for disposal. Here's a fact sheet with all the details: https://bit.ly/4eIZPGu

And if you would like personalised advice that optimises your tax position in the wake of these reforms, you can reach out to our tax team for a chat here: https://bit.ly/2rH1z9Z