Discretionary trusts provide flexibility in relation to revenue and capital distributions. This is one of the reasons they are a common choice for families. However,...
Read MoreThe Australian tax system is surprisingly different to the UK tax system. This makes a simple comparison between the two challenging. Determining, from an individual...
Read MoreWhen it comes to tax residency, the six month rule is quite simple to understand: live in a country for at least six months, or...
Read MoreAustralian expats who have been forced back to Australia because of the COVID19 pandemic, need to understand what returning to Australia might mean for their...
Read MoreOn December 5th 2019 the contentious law denying non-residents the Capital Gains Tax (CGT) main residence exemption was passed. This means that the update we...
Read MoreUpdate: Since publication of this post the Bill has passed and is now law. The law passed is the Treasury Laws Amendment (Reducing Pressure on...
Read MoreThe biggest personal tax residency case in 40 years just got bigger. The taxpayer Mr Glen Harding having lost his case in front of a...
Read MoreThe taxpayer, Mr Harding has appealed to the Full Federal Court of Australia from a decision handed down on 8 June 2018 by Justice Derrington,...
Read MoreIn our blog of 25 February this year we reported on what we consider to be highly inequitable capital gains tax changes that the Government has introduced...
Read MoreAs we reported in our blog last year – the Australian Government announced that it would remove the CGT main residence exemption for foreign residents....
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