03 8662 3200

Tax News & Articles

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Search in posts

STOP PRESS – NSW and ACT GP relief. Significant guidance from Victoria and NSW on Medical clinics payroll tax, but questions still remain – and another amnesty

Michael Doran 30 August 2023

On 11 August 2023, Victoria and NSW Revenue Offices have finally released rulings titled PTA 041 ‘Relevant Contracts – Medical Centres’, providing clarification on issues relating to the payroll tax (PRT) treatment of service agreements commonly used throughout the medical and allied health professions.

Read article

Lessons from BBlood

Cynthia Voon 19 July 2023

Taxpayers have the right to arrange their financial affairs within the intent of the tax law. However, with any strategy or course of action taken, taxpayers and advisors should exercise caution and be prepared to justify that the effect is commercially reasonable. In this article we explore some of the lessons learnt from the latest S.100A BBlood case.

Read article

GST and Reimbursement of Expenses

Simon Calabria 17 July 2023

Despite the GST regime being in place for over 20 years, this continues to be an interesting issue. Why? Probably because it is important to understand and clarify the facts and circumstances of each case, which generally means understanding the commercial terms of the transaction. In this article we have used examples to demonstrate the issues and implications.

Read article

Common issues arising from the small business CGT concessions

Cynthia Voon 15 May 2023

Most practitioners agree that the rules for access to the SBCGT concessions are inherently complex. This article seeks to explore some of these complexities, specifically satisfying the significant individual requirement and the importance of timing where passively held assets are used in a business of a connected entity.

Read article

Tax issues to consider when moving overseas

Kay Kim 11 May 2023

The reopening of borders has resulted in an increase in people choosing to move overseas. It is, therefore, timely to revisit some of the income tax implications of such a move. In this article, we provide practical examples of doing so.

Read article

GST exemption quirks, an on-going concern

Simon Calabria 17 April 2023

These are some of the quirks or myths of GST often hear from clients seeking to apply either the going concern or farmland exemption to transactions. In this article, we aim to clear up all the confusion around these issues.

Read article

Categories

Follow Us

Linkedin

Do you have a tax question?

Contact us today.
Contact us

Want the latest articles sent straight to your inbox?
Sign up to The Assessment e-newsletter

Do you have a tax question? Contact us today.

Get in touch
Linkedin
Follow

Company

Contact Us

Melbourne (Head office)
Level 9, 41 Exhibition St, Melbourne, VIC, 3000

© 2022 by Webb Martin Consulting Pty Ltd. All rights reserved. Liability limited by a scheme approved under Professional Standards Legislation.

Registered Tax Agent
Webb Martin Consulting - a Member of Prime Global

Website by Amplified Marketing