Top 10 things you need to know about Fringe Benefits Tax re: Cars23 Jun 2022 It does not appear that there are specific provisions regarding the abuse of Fringe Benefits Tax Leg... Read More
Director Identification Numbers29 Nov 2021 On 29 September 2021, the Corporations (Director Identification Numbers – Transitional Applica... Read More
End of COVID-19 Relief Measures – Exposure to Director Liability22 Mar 2021 On March 11, 2020, the World Health Organization (WHO) declared that the novel coronavirus (COVID-19... Read More
Superannuation changes allow $300k/person over 65 to be contributed to super.14 Dec 2017 On 7 December 2017, both houses of parliament passed the “Downsizer contributions” measu... Read More
Developments in NZ tax law….is NZ (still) a tax haven?08 Jun 2017 The release of the ‘Panama Papers’ from a Panamanian law firm brought into the spotlight the ability... Read More
‘Safe Harbour’ Guidelines – Limited Recourse Borrowing Arrangements05 Apr 2017 On 6 April 2016, the ATO released Practical Compliance Guide PCG 2016/5, titled as the ‘Safe Harbour... Read More
Successfully Navigating a Favourable Resolution to Director Penalty Notices16 Mar 2017 Irish Bentley Lawyers have considerable experience navigating all facets of Australia taxation law. ... Read More
Australian Tax Residency Law18 Oct 2016 If you earn income outside Australia, then you need advice on the best way to handle your Australian... Read More
CGT Amendments Relating to Foreign Residents05 Jul 2016 On 14 May 2013 the Australian Government announced amendments through the Tax and Superannuation Law... Read More
Tax Enforcement – ATO is Laying Down The Law01 May 2016 Tax Enforcement Overview The ATO, or Australian Taxation Office, is responsible for following throug... Read More
ANZ Ordered that it must provide bank records to the ATO even though the accounts were opened off-shore (in Vanuatu).01 May 2016 The ATO’s attack on off-shore tax havens continues, and this latest extension of Project Wickenby ra... Read More
4 year jail sentence for falsely claiming $540k in GST refunds01 May 2016 Tax Fraud – False GST Refund Claims The NSW Court of Criminal Appeal dismissed a taxpayer’s ap... Read More
ATO ramps up Audit Plans – get audit insurance and get compliant ASAP01 May 2016 The ATO continues to develop its data matching systems to enhance their analytic and risk profiling.... Read More
According to current Australian taxation legislation, the onus of proof falls on the taxpayer to prove their exact taxable income.01 May 2016 Failure to do so will result in the Commissioner’s assessment being upheld – and in many circumstanc... Read More
Changes to the Director’s Penalty Notice (“DPN”) Regime – Strengthening the Obligations of Company Directors01 May 2016 The DPN regime was significantly overhauled in July 2012. Fundamentally, the effect of the changes i... Read More