News and Blog

News and blog

Downsizer Contribution, Is It Right for You?

November 30, 2018
The Australian Government has recently introduced measures that are intended to ease pressures on housing affordability. One of these measures is the downsizer contribution. The purpose of the downsizer contribution is to encourage older Australians into selling their h...

Who Controls the Company?

August 22, 2018
Tax Ruling 2018/5 and the central management and control test of residency What’s the ruling and what’s it about? Tax Ruling 2018/5 (‘TR 2018/5’) relates to the ‘central management and control’ test of company residency, and how the test should be applied. T...

First Home Buyers Assistance Scheme

August 10, 2018
The New South Wales First Home Buyers Assistance Scheme provides eligible people seeking to purchase their first home with both grants and concessions What is the Scheme? The First Home Buyers Assistance Scheme provides first home buyers with exemptions and concessions ...

Revenue Ruling No. DUT 047

August 10, 2018
As of 1 July 2018, new GST withholding rules apply in relation to the supply of new residential premises. These new rules require purchasers to remit GST on the purchase of new residential property directly to the Australian Taxation Office (ATO). Revenue Ruling No. DUT...

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