Tax

Tax

Getting your house in order this year end

Time is running out to get your tax and superannuation affairs, and those of their clients, in order before year end.

06 June 2024 • By Robyn Jacobson, The Tax Institute

more from tax

Tax

ATO offers further guidance on self-assessing for new NFP return

The Tax Office has stressed that the main purpose of a community service organisation must be altruistic to be...

05 June 2024 • By Miranda Brownlee

Tax

ATO flags critical considerations with family trust elections

Family trust elections and interposed entity elections “should not be set and forget” by trustees or their tax...

03 June 2024 • By Miranda Brownlee

Tax

Taxpayers warned on risks with rushed tax returns

CPA Australia says cost of living pressures may drive some taxpayers to rush their return this year to receive an...

02 June 2024 • By Miranda Brownlee

Tax

Lawyer issues reminder on tax risks with UPEs

Unless carefully managed, unpaid present entitlements (UPEs) and beneficiary accounts in family/discretionary trusts...

31 May 2024 • By Keeli Cambourne

Tax

ATO releases decision impact statement on Minerva decision

The decision does not change the Tax Commissioner’s view that schemes that include a trustee’s exercise of discretion...

30 May 2024 • By Miranda Brownlee

Tax

Committee pushes for tax changes for large consulting firms

The inquiry into the NSW government’s use of consulting services says large consulting firms should be required to pay...

29 May 2024 • By Miranda Brownlee

Tax

Land tax objections can attract ‘greater scrutiny’, warns law firm

Recent changes to land tax rules and increasing property values is driving an increase in objections against land tax...

29 May 2024 • By Miranda Brownlee