Billie Bob Billington is considering purchasing a second warehouse on a separate
piece of land in New South Wales (NSW), costing a total of $880 000, for the purpose
of storing his goods, which form part of his stock in trade in his retail business.
Alternatively, Billie is considering adding 3 extra, large, rooms on to his house, and
using those rooms to store the goods for his retail business. His house is also locatedin NSW, and is currently valued at $2 500 000.
Required:
Advise Billie Bob Billington on the advantages and disadvantages of the two
proposals that are currently under consideration, by critically taking into account any
tax implications that are associated with the different proposals.
Note: You are required to set out your reasons for your answers in the above question,
including brief references to any relevant legislation, case law, and tax rulings.
Why work with us?
Authenticity:
All of our papers are authentic, as each paper of ours is composed according to your unique requirements.
Confidentiality:
We value you data. Our company is extremely efficient in guarding the privacy of our clients.
100% Money Back Guarantee:
In the event you cancel your order, you get your money back as soon as possible, we give a 100% refund.
24/7 Support:
Our team members are available via email, live chat, and phone.
Revision Policy:
You can apply for a revision if you think your paper could be better. In this case, your paper will be revised either by the specialist assigned to you or by another writer.
How the Platform Works
- Click on 'Place Your Order' tab on the menu or click on 'Order Now' tab at the bottom and a new order page will appear
- Fill in your requirements depending on your needs under the 'PAPER DETAILS' area
- In the next section, fill in the academic level, required number of pages, paper deadline as provided in the drop-down menus.
- To enter your registration details, click on 'CREATE ACCOUNT & SIGN IN'. This step allows you to create an account with us for purposes of record-keeping. Click on 'PROCEED TO CHECK OUT' at the bottom of the page
- The next section requires you to fill in the payment details. Follow the guided process and soon your order will be available for our team to work on.