You may not be surprised that Australia and New Zealand have a long-standing agreement which allows citizens from each country to freely travel and live in the other country. However, you may be surprised about the tax implications and complexities that can arise, particularly for Kiwi’s landing in Australia.
Time is running out on accessing the ATO’s offer of limited interest costs on FTDT liabilities. We explore some of the issues, and what you need to know to tackle this issue.
One of the critical issues at the centre of Cameron v Commissioner of Taxation [2026] was whether a valid family trust election was made in respect of the Cameron Family Trust. Find out what the verdict means for FTEs in our article.
Recent months have seen a number of significant developments affecting trusts and their beneficiaries. Most notably, the High Court’s decision in Bendel’s case, the Federal Court decision in Cameron’s case and 2026-27 Federal Budget reforms relating to discretionary trusts, and capital gains tax. This article examines the implications of the Bendel and Cameron decisions and explores several key issues arising from the proposed reforms.
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.
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.
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.
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.
