The ATO’s compliance activity in relation to family trust elections is raising issues about what the law was intended to do and whether the current compliance approach ignores principles of fair taxation in order to use the complexity of these rules to raise revenue, regardless of the consequences to the affected taxpayers.
On 9 October 2025, the Government introduced the bill with the new rules on Payday superannuation and it is now law. It took almost 2 ½ years to introduce the bill, and taxpayers will have just over 6 months to get on top of the rules and be ready by 1 July 2026.
As crypto gains traction in business, understanding its tax implications is essential. This article explores key taxation issues surrounding the use of crypto in business activities.
Following the rise of the use of cryptocurrency in business, this article takes a bit of a deeper dive into various employment tax issues that arise where crypto is given to an ‘employee’ by an ‘employer’.
With increased scrutiny from the ATO on the eligibility of deductions claimed on individual tax returns, it even more important to remember the significance of substantiation when claiming deductions in your income tax returns.
The rezoning of Victorian lands after 1 July 2023 may be subject to windfall gain tax (WGT) in certain situations. The pertinent question is the treatment of this tax for CGT and GST purposes.
We were recently made aware of a process that the ATO adopts to assist some taxpayers in obtaining refunds of franking credits on a timely basis – that is, soon after the end of the income year. Here’s what you need to know.
Land tax can significantly impact property owners, but exemptions exist — including those for certain primary production uses. This article explores the New South Wales land tax primary production exemption for cultivation, drawing on lessons from the recent Zonardi case, and compares it with Victoria’s equivalent provisions.
Tax residency is an issue that comes up repeatedly, and every case seems to reinforce one key principle – every case is different. So past cases can help us understand the requirements, but there is risk in treating them as if they are a binding precedent.
From 1 July 2025, if legislated, a new tax will have application to individuals with a total superannuation balance exceeding $3 million. This proposed measure is designed to reduce the concessional tax treatment of superannuation earnings for high-balance individuals.
