Bernadette discusses the importance of having a property tax accountant with Brian Goodridge, the accountant for The School of Renovating.
EPISODE HIGHLIGHTS:
- [01:08] Brian Goodridge: not your average number cruncher
- [02:24] The value of having a property tax accountant
- [03:23] Law changes in business and property
- [04:54] When to take action with GST
- [09:39] Renovations that you can't claim
- [11:31] Identifying the risks involved
- [14:38] Do renovators can still claim plant equipment?
- [15:51] How the claim plant equipment is being calculated
- [17:32] Make sure to do your own research
- [20:09] Do the right thing and manage what you do
- [22:36] Learning from the past experiences
- [23:56] Things to consider in asset protection and tax minimisation
- [26:35] Scariest thing encountered in tax and asset protection