Tax Lawyers Sydney & Melbourne - Help with tax objections, tax debt, tax disputes and foreign residency

Articles

How to Deal with a Tax Audit or Tax Review

Received Notice of a Tax Audit or Tax Review? The most important thing to do when you’ve just received notice that the Australian Taxation Office (ATO) will be undertaking a tax audit or review of your tax returns is to stop and consider your position….
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Superannuation funds not yours until you retire

One of the biggest mistakes you can make as a trustee/member of a Self-Managed Superannuation Fund (“SMSF”) is to treat the fund’s money like your own and withdraw the monies before you have reached retirement age.  This is known as early release.  And if you…
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SME Business Protection – Tax Tips – Chinese Community

In a recent seminar for members of the Chinese community on SME Business Protection, Tania Waterhouse, taxation and superannuation specialist, gave helpful tax tips.  Tania focussed on the many tax issues arising in the SME market. Tania discussed the tax advantages of company and family trust. …
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Payroll tax crackdown

The number of companies being audited over payroll tax compliance has dramatically increased and most companies audited have been found to have increased payroll tax liability. The NSW figures speak for themselves.   NSW Payroll liability doubled from $139 million in 2012 to $260m in 2016….
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Transfer Pricing:  Diverted Profits Tax regime

The Australian Government has demonstrated its commitment to discouraging artificial transfer pricing with the introduction of the Diverted Profits Tax (“DPT”) legislation.  The measures were announced in the 2016 budget and are currently with a parliamentary committee. The DPT regime is targeted specifically at large…
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Don't pay cash on Gumtree, Ebay if you want a tax deduction

If you buy a work related item on Gumtree or Ebay, don’t pay cash because you will have no record of the purchase.  This is shown in a recent Tribunal decision. Background The taxpayer claimed deductions of $24,802 for purchase of tools and tool boxes. …
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Don’t pay cash on Gumtree, Ebay if you want a tax deduction

If you buy a work related item on Gumtree or Ebay, don’t pay cash because you will have no record of the purchase.  This is shown in a recent Tribunal decision. Background The taxpayer claimed deductions of $24,802 for purchase of tools and tool boxes. …
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Australians living overseas must start repaying student loans: HELP, TSL, HECS

If you are an Australian living overseas and you have a student loan then you must register on MyGov by 1 July 2017 and start repaying this loan if you earn over $54,896.  This is regardless of whether you are a resident of non-resident of…
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Tax Dispute

Involved in a dispute with the Tax Commissioner?
Being audited by the Tax Office?