Practice News
Your Knowledge Update – March 2025
Inside this month’s Your Knowledge Update – FBT hotspots and potential impact of tariffs and trade wars. Download this month’s issue here: Your Knowledge – ...
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February 2025 update on Commissioner of Taxation vs Bendel
The full Federal Court has handed down its decision in the Commissioner of Taxation vs Bendel [2025] case which looks at whether an unpaid present ...
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What are the tax implications of receiving a compensation payment
The tax treatment of compensation payments can be a tricky and complex area to navigate. The starting point is to look at what the payment ...
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Your Knowledge Update – February 2025
Inside this month’s Your Knowledge Update – the ATO’s warning on succession planning and tax risk for wealthy groups. Also, the discussion on banning surcharges ...
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Australian Residents and Property Clearances Certificates
As of 1st January 2025, significant changes to the ATO’s Foreign Resident Capital Gains Withholding (FRCCW) regime have taken effect, impacting both Australian residents and ...
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Vacant Residential Land Tax (Victoria)
The Victorian State Government has a number of legislations in place which affect property owners. In addition to the current Land Tax and the Short ...
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Your Knowledge Update – December 2024
Inside this month’s Your Knowledge Update – Tax and Christmas Gifts and Parties and What’s ahead for 2025. Download this month’s issue here: Your Knowledge ...
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ATO Data Matching – Lifestyle Assets
The Australian Taxation Office (ATO) continues to broaden and improve its data-matching programs. One is the Lifestyle Assets Data Matching Program, which targets ownership of ...
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ATO Processing Income Tax Returns for Deceased Clients
Recently we have been noticing changes in the way the Australian Taxation Office (ATO) are processing personal tax returns for recently deceased clients. To have ...
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Your Knowledge Update – November 2024
Inside this month’s Your Knowledge Update – Planning Christmas with cost of living pressures, when overseas workers are Australian employees and Student loans. Download this ...
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Granny Flat Arrangements
If you are providing housing for life to people who have reached pension age, or require assistance due to a disability, you may be entitled ...
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Superannuation Contributions – A Refresher
We are currently seeing an increase in ATO compliance activity for late employer superannuation contributions. So this seems like a good time for a refresher ...
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Your Knowledge Update – October 2024
Inside this month’s Your Knowledge Update – Implications for employer with Payday Super, Ban on Genetic Testing and the tax implications for property inheritance. Download ...
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Base Rate Entity and Impact of Capital Gains
A company is a Base Rate Entity (BRE) for an income year if: the company’s aggregated turnover for that income year is less than the ...
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Your Knowledge Update – September 2024
Inside this month’s Your Knowledge Update – Tax Fraud Scams, Property and ‘Lifestyle’ Assets and is the RBA to blame for the economic state of ...
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Small Business Energy Incentive
For the 2024 financial year, there are opportunities to help your business become more energy efficient while maximising your tax deductions through the Small Business ...
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Your Knowledge Update – August 2024
Inside this month’s Your Knowledge Update – When is a gift not a gift and Divorce, you and your business. Download this month’s issue here: ...
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Apportioning rental expenses for renting out part of your home
Renting out part of your home can be a great way to generate extra income, but it also brings certain tax obligations. One of the ...
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