Not all perils are in the river
After a death, murky issues – like life insurance, residency and capital gains tax – can reveal themselves in surprising and costly ways.
By Jim Main - 1 min read
Deceased estate transfers: risks and tips for navigating a transfer duty minefield
An oversight when transferring dutiable property from a deceased estate can leave a beneficiary exposed to a significant duties notice.
By Jennifer Vuu - 1 min read
Tax traps – beware the Division 7A snake pit
Division 7A of the Income Tax Assessment Act 1936 is a poisonous well of hissing snakes for general practitioners, writes JIM MAIN.
By Jim Main - 1 min read
Handing down the family farm without NSW duties
Handing down the family farm without NSW duties – a guide to the new Revenue NSW Ruling.
By Dung Lam and Marlon Camacho - 2 min read
Timing is everything: End of financial year considerations
Some salutary lessons in end of financial year tax stings.
By Jim Main - 1 min read
Nobody knows everything: Taxes and the administration of deceased estates
Why it pays to get some help with taxes in the administration of deceased estates.
By Jim Main - 2 min read
What is a declaration of trust for stamp duty purposes?
NSW Court of Appeal delivers welcome clarity on the definition of a ‘declaration of trust’ for stamp duty purposes.
By Christopher Bevan - 1 min read
GoFundMe: The gift that keeps on giving?
A closer look at the complex legal issues raised by crowdfunding platforms such as GoFundMe.
By George Newhouse and Isabel Janssen - 2 min read
A matter of trust: Working together to avoid hidden tax stings
Stinging examples of why lawyers and accountants need to work together on trusts and succession.
By Jim Main - 1 min read
NSW duty and land tax surcharges to impact discretionary trusts
Trustee of a discretionary trust owning NSW residential property? What you need to do before 31 Dec to receive an exemption & refund for foreign surcharges.
By Lisa To - 2 min read
Accountants vs lawyers?
Why it’s better to work together when it comes to succession planning & restructuring.
By Jim Main - 1 min read