Tax News & Articles

Issue A taxpayer that migrated to Australia several years ago has recently turned 60 and wishes to “cash out” their foreign superannuation account and repatriate

Issue You are a small business entity (“SBE”). You have been offered an opportunity to sell equipment you currently own to a financier who could

A transaction type that we regularly receive queries on is whether land purchased GST-free (either on a going concern basis or under specific rules related

Most employers understand that the provision of a benefit to an employee will often result in fringe benefits tax being payable unless the benefit is

Foreign purchaser (stamp) duty surcharge commenced in Victoria on 1 July 2015. It impacts not only on conventional residential property purchases but also filters into

Issue A company is owned as follows: Individual A 25% Individual B 25% Individual C 40% Discretionary Trust A 10% None of the individuals are

US citizens in Australia and Australian residents with US bank accounts and investments are a focus of information sharing activities between the ATO in Australia

We are often asked how to obtain a tax invoice when using a booking website. In this article we will use the simple example of

The ATO have released updated and expanded guidelines to their risk classification matrix for professional practices, and specifically about how much of the profits arising

Issue An Australian resident taxpayer has started increasing its sales to international customers, mainly across Asia. Should the taxpayer set up a company offshore? Basic