Tax News & Articles

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

It is common for tenants to be responsible for fit out costs for leased premises. Common law considers anything that is properly affixed to the

True or false: If the “foreign income tax” paid in a financial year by a taxpayer is less than $1,000, they are automatically entitled to