After a tumultuous 2022 year, 2023 is finally here, a new year means changes and the SMSF space is no different. If you’re thinking of starting a new SMSF, the […]
The tax legislation contains special rules about personal services income (PSI). The PSI rules are aimed at improving the integrity of, and equity in, the tax system by ensuring that […]
The government has given the strongest indication yet that it will be seeking to regulate the Buy Now Pay Later (BNPL) market soon with the release of a consultation paper […]
In a recent address, the Assistant Treasurer and Minister for Financial Services, Stephen Jones, outlined the changes the government will be pursuing in terms of superannuation. From its beginnings in […]
As a result of the government’s recent Jobs Summit and responding to pressure from employer and agricultural lobby groups, proposed changes have been introduced into Parliament that will enable pensioners […]
ASIC has recently published guidance on consumer remediation for AFS licensees including super trustees and credit licensees. This remediation framework is underpinned by the general obligations on these licensees and […]
First home buyers in NSW could soon have the choice between paying an annual property tax instead of stamp duty if a Bill currently before NSW Parliament passes. As the […]
Second Commissioner Jeremy Hirschhorn delivered the Commissioner of Taxation’s Address at the Institute of Public Accountants National Congress on 18 November 2022. The theme of the Address was how the […]
The ATO has recently updated its practical compliance guideline on how the CGT main residence exemption may apply in cases where a dwelling is disposed either in the capacity of […]
As a part of its election platform promise, the government has released a consultation paper seeking views to implement a public register of beneficial ownership information to record who ultimately […]
