Best Tax Lawyers, Sydney Australia - Tax audits, taxation objections, tax litigation, tax disputes & prosecutions

Articles

Tax Fraud: can lead to prison

Tax fraud or evasion is treated very seriously by the courts.  There are close to 100 serious criminal tax offence matters currently before the courts for taxation offences including: Income tax fraud Using false invoices to claim deductions, GST refund fraud, excise fraud (alcohol and…
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SMSFs: Getting ready for audit

SMSF Audit requirements Each year your SMSF must be audited by an approved SMSF auditor before the SMSF Annual Return can be lodged. Before your auditor can form an opinion on the fund’s compliance and financials, they will need relevant supporting documents and information. It’s…
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Tax: employee or contractor?

It is critical you correctly classify a worker as either an ‘employee’ or a ‘contractor’.   If your worker is in fact an employee there are significant taxation and superannuation consequences.    So it is important to get it right. The essential difference is that employees work…
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SMSF: co-trustee not acting properly? Take action immediately

Superannuation legislation does not deal with the situation of one trustee behaving improperly in relation to their SMSF obligations and the other trustee complying. The complying trustee may seek court approval to remove the trustee who was responsible for the illegal early access.    This is…
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Superannuation: SMSF – LRBAs – Non-arm's length income

One of the benefits of a Self-Managed Superannuation Fund (SMSF) is the  15% tax rate.  However if income is ‘non-arm’s length’, the income will be subject to tax at the highest marginal rate of 45% (and for the 2015 – 2017 financial years an additional 2% tax…
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Superannuation: SMSF – LRBAs – Non-arm’s length income

One of the benefits of a Self-Managed Superannuation Fund (SMSF) is the  15% tax rate.  However if income is ‘non-arm’s length’, the income will be subject to tax at the highest marginal rate of 45% (and for the 2015 – 2017 financial years an additional 2% tax…
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Tax Act valid – constitutional argument fails

The WA District Court recently found in favour of the Commissioner in a case involving the non-remittance of withholding taxes by the Defendant Director, and the alleged issue of a promissory note payable to the Deputy Commissioner to satisfy the liability. The unrepresented defendant ran…
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SMSF Illegal early access

A recent AAT decision has found that taxpayers who acted on the advice on the agent and entered into a loan arrangement using their SMSF funds had early accessed their benefits and were therefore assessable on those benefits at the time that they were initially…
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Tax Dispute

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