These two worked examples show how the taxing of unrealised capital gains can have unintended consequences.
An essential aspect of the Australian superannuation system is its provision of various taxation concessions designed to encourage individuals to ...
The ATO will need to help trustees work out when an arrangement is internal to the fund for the purposes ...
A recently published Administrative Appeals Tribunal (AAT) case highlights the strict application of the Notice of Intent (NOI) requirements when ...
Advisers can be caught out when a death benefit payment results in unexpected tax liabilities such as Division 293, says ...
A piecemeal approach over time like the ‘better targeting superannuation’ concessions will only add to the complexity of the tax ...
Amid the impending release of the government's latest Intergenerational Report, SMSFA CEO Peter Burgess says future funding of government services ...
The National Tax and Accountants Association (NTAA) said there appears to be a misunderstanding around the new reporting changes that ...
We have previously issued four prior articles linked to this series focusing on the employee versus contractor distinction.