Why the ATO is targeting babyboomer wealth

Why the ATO is targeting babyboomer wealth

“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.” ATO Private Wealth Deputy Commissioner Louise Clarke The...
Australian residents and clearance certificates

Australian residents and clearance certificates

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...
2025: The year ahead

2025: The year ahead

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...
What’s ahead in 2025?

What’s ahead in 2025?

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,...
Tax and tinsel Q&A’s

Tax and tinsel Q&A’s

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...