Victorian Budget 2025–26: Key Insights and Implications
The Victorian Government delivered its 2025–26 State Budget on 20 May 2025, positioning it as a “responsible” response to ongoing…
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Knowledge library
Stay up to date with the latest insights from our Advisors in our Knowledge section.
Sale of Kinder Australia to Attalis Capital and the Victorian Business Growth Fund
Kinder Australia Pty Ltd (“Kinder”) a leading provider of innovative bulk material handling solutions, is pleased to announce it has…
Family Trust Elections
The ATO recently conducted a webinar on Family Trust Elections (FTEs) to increase awareness of the reasons why a trustee…
Documenting gifts and loans from related parties
In a recent article on The onus of proof and substantiation, we discussed how it is the taxpayer that has…
The onus of proof and substantiation
If the Commissioner either amends an assessment or issues a default assessment and the taxpayer does not agree with the…
Federal Budget 2025 Update
On Tuesday, 25 March 2025, Treasurer Jim Chalmers handed down the 2025-26 Federal Budget.
Victorian accommodation just got more expensive with the short stay levy
From 1 January 2025, the 7.5% short stay levy applies to Victorian accommodation bookings where the stay is for less…
Bendel’s Case and its Implications
In a long awaited decision, the Full Federal Court has unanimously ruled in favour of the taxpayer in FCT v…
SMEs now have 4 years to request amendment of income tax returns
Small and medium businesses generally have an amendment period of 2 years. That is, the ATO has a 2 year…
Recent changes to the CGT withholding regime
The CGT withholding regime was introduced in 2016 to ensure better compliance by foreign residents in respect of their Australian…
