A unit trust is a very common feature in Australia. Most widely held trusts are unit trusts. But when are unit trusts fixed trusts and when not?
https://www.taxtalks.com.au/wp-content/uploads/2018/09/absolutely_free_photos-original_photos-study-book-on-the-desk-4272x2848_24274.jpg28484272Heide RobsonHeide Robson2018-10-09 02:46:192019-01-31 05:12:2943 | Are Unit Trusts Fixed
The basic conditions are the biggest hurdle to take before you can claim the small business CGT concessions. If you get over these, you are on the home run.
https://www.taxtalks.com.au/wp-content/uploads/2018/10/apartment-architecture-building-459627-min.jpg34565184Jan TwilightJan Twilight2018-09-24 00:57:362019-01-30 05:40:2137 | Basic Conditions for an Asset Sale
The Commissioner publishes a Taxation Ruling each year listing the effective life of depreciable assets. Here is a handy overview for small operators.
https://www.taxtalks.com.au/wp-content/uploads/2018/08/nastuh-abootalebi-284882-unsplash.jpg15362301Rokun CzeRokun Cze2018-08-20 03:22:112019-01-18 03:00:431 | Commissioner's Effective Life of Depreciable Assets for 2019