Your own home is generally exempt from tax. But you probably have an investment property, construct or renovate for profit, deal in land, or use a property in operating a business, there could also be implications for revenue tax, capital features tax (CGT) and items and companies tax (GST).

I’m a political junkie – been actively following politics for the reason that 70’s when I used to be a teen (though you may rarely discover me writing about it, I can say that I’ve a stable understanding of who’s who and what’s what (or at the very least to a point proper?) – I’m currently hooked on a TELEVISION present referred to as ‘Continuum’ – it is a Canadian TV show about time travel and the yr 2077, where the US is totally corporate (I know what you are going to say David…lol..it already is…after all, corporations are individuals now) … Read More