March
Why the Bendel case could lead to Division 7A’s long-overdue revamp
The big question is whether the government will apply another Band-aid solution or finally decide to simplify anti-avoidance laws.
Inside Duncan Saville’s billion-dollar Bermuda Triangle
A decade after the ATO hit the reclusive Australian investor with a $189 million tax bill and savaged his character, Canberra is rolling out the red carpet.
Underpaying an SMSF pension could land you in serious tax trouble
There are eye-watering costs involved if a self-managed superannuation fund fails to make the correct pension payment or, worse, does not make any payments at all.
February
How to plan for retirement as a business owner
Business owners need to think about retirement well in advance so they can navigate the tax implications of selling a business.
What’s the fairest way to give my kids money for a house deposit?
Gifting equally is likely to reduce the risk of resentment and family conflict.
What the ATO wants to know about your family’s succession plan
The founders of some of the nation’s most successful family business will soon turn 70, and the ATO wants to know what comes next.
Avoiding tax traps of succession planning
The ATO has telegraphed an interest in the intergenerational wealth transfer, which means taxpayers are probably getting something wrong.
December 2024
Capital gains benefit spikes to $22.7b as property investors sell out
Treasury estimates forgone taxes from the capital gains tax discount in 2024-25 have more than doubled since the last estimate in February 2023.
Secret shareholder register overhauled amid privacy fears
A plan to expose the secret beneficial owners of three million unlisted companies and trusts has been overhauled due to fears of identity theft and cybercrime.
November 2024
This super loophole can create tax-free money for the kids
There has been a surge in the number of people using so-called recontribution strategies, which allow older Australians to wash tax from super inheritances.
August 2024
This simple change could solve Labor’s super tax problem
Financial advisers and accountants have launched a united front in trying to get Labor to drop the controversial policy increasing the tax paid by the richest super fund members.
The global rich are moving in search of lower taxes
A record 128,000 millionaires are expected to relocate this year, the consequence of a global realignment of how the wealthy are taxed.
The ATO has this overlooked property tax in its crosshairs
Small-scale property developers need to be aware that GST is applicable in certain circumstances. Read the 10 tips for mum and dad developers.
July 2024
How to beat the ‘death tax’ set to increase cost of dying by 650pc
The cash-strapped Victorian government wants to increase probate fees. Here’s how much you might have to pay – and strategies for avoiding the hit.
Four ways to build wealth with your tax cuts
Whether you’re trying to pay off your mortgage early or boost your super, put your extra income to good use.
June 2024
Pepsi beats ATO on appeal over royalty taxes
Attempts to reel in multinationals using complex deals and structures to minimise tax have been dealt a blow after the beverage giant challenged its tax bill.
Eight ways to squeeze more into super – which ones are you using?
A couple employing just four of these methods could boost their retirement savings by almost $5 million.
The three types of people most likely to avoid high-end super tax
A new study shows a quarter of high-income earners tweak their finances to minimise the tax they pay on superannuation, and they are mostly self-employed, trust beneficiaries and women.
May 2024
‘Super-sized hole’ in budget as Treasury revises tax take
Treasury has cut $11 billion from its four-year estimates of revenue from superannuation taxes, as “overly large tax concessions” keep benefiting the richest retirees.
Following EY tax advice cost Billabong founder $50m
A Federal Court judge found there were no logical reasons for transactions undertaken by Gordon Merchant, other than to minimise his tax.