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12
Oct

Super Tax Concessions in the Spotlight

Earlier this year the Abbott Government commenced a process for implementing major tax reform, however after a change in leaders there has been some uncertainty as to what this reform will now look like.

12
Oct

Changes to Business Name Registrations

The Federal Government has recently changed the business name registration system in an effort to prevent new business names being registered which are similar or identical to existing registered names. 

12
Oct

Personal Property Securities Lease Redefined

As part of ongoing efforts to simplify different legislations, the Government recently concluded a parliamentary review of the Personal Property Securities Act 2009 (PPSA).  Following on from this review, the number of lease transactions falling within the scope of the Act has been limited.

7
Sep

ATO Focus on Excessive Personal Deductions

This tax time the ATO has indicated that they will be paying close attention to rental property expenses and work-related expenses claimed by individuals.

7
Sep

Warning for Buy-to-let Investors – UK Tax Changes Proposed

In the UK’s recent Summer Budget a tax crackdown on buy-to-let investments has been announced.  This type of investment property has been popular among both UK residents and non UK residents, due to capital appreciation and the ability to reduce rental profits for tax purposes by deducting mortgage interest in...

7
Sep

Tax Reform: Focus on WET Rebate Rorts

A recently released Discussion paper by the Federal Treasury has thrown the Wine Equalisation Tax (WET) Rebate into the Tax Reform debate. The discussion paper examines the operation of the WET Rebate and how it is being manipulated within the wine industry and seeks input on a range of possible...