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The Australian Taxation Office (ATO) thinks that wealthy babyboomer Australians, particularly those with successful family-controlled businesses, are planning and structuring to dispose of assets in a way in which the tax outcomes might not be in accord with the ATO’s expectations.

If you are an Australian resident and are selling or disposing of real property in Australia, a recent requirement is that the seller is required to provide the purchaser with a Clearance Certificate, either at or before the settlement date.   If you fail to...

An election, a growing deficit, geopolitical instability, looming trade wars, and continued cost of living stress. Sounds like fun, right? But it’s not all doom and gloom. Australians are resilient and great at acting on opportunity. Here’s what to look out for in...

The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe. The Movie Air highlighted the importance of the signature Air Jordan shoe to Nike. While expected to sell...

The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges. An election Welcome to political advertising slipping into your social media,...

Can you avoid giving the Australian Tax Office a gift this Christmas? We've compiled the top Christmas party tax related questions.   What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you...

The Government has announced a transition plan to phase out the use of cheques. Under the plan, cheques will stop being issued by 30 June 2028 and stop being accepted on 30 September 2029. The use of cheques has declined dramatically over the last 10 years, declining...

We’re often asked about the implications of working with overseas, non-resident workers who are working for a resident Australian company. Let’s say you want to engage the services of a non-resident individual.   Contractor or employee? The first step is to...

The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility.   The countdown to Christmas is on and we’re in the midst of a headlong rush to maximise any remaining...