Category: Taxation

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Avoid Nasty Taxation Surprises in Family Law Settlements

There are significant differences in the tax consequences of certain family law related actions particularly when negotiating property settlement outcomes – the cutting of the cake! Unique opportunities in the family law environment can enable a couple to lawfully restructure wealth while avoiding, or minimising, the hefty tax and revenue…

Tax Responsibilities of Small Business Owners

Have you started a small business and are wondering what you need to do to keep your tax affairs in order? In this article, we provide an overview of the tax responsibilities of small businesses including record keeping, reporting obligations and paying tax. It is important to note, however, that…

Disputes and the ATO

Given the complexity of the taxation regime and the requirement for taxpayers to initially self-assess their liabilities, disputes between taxpayers and the Australian Taxation Office (ATO) will inevitably arise from time to time. If you disagree with a decision that the ATO has made about your tax affairs, you have…