tax stings

capital gains tax

family law sting

published: november 2011

You are acting for Peter in family law proceedings and have successfully negotiated an agreement in relation to property matters with the solicitor for his wife Rachel. There is a lot of property involved and negotiates have become acrimonious. Nethertheless, you have reached the stage where everything is agreed and the terms of settlement have been drafted by which each side consents to the proposed orders by the Family Court....read more

stamp duty

a single layered exemption

published: august 2011...» read more

super fund duty

published: september 2010...» contact us for further information

tax

business real property

published: october 2011

Tom and Sue come to see you about purchasing the house next door. Sue runs a successful promotions business from her home office. With recent growth in the business and the need to take on new staff she has outgrown her space.....» read more

GST spoils a super transfer

published: september 2011

You receive a letter and your client's financial planner instructing you that your clients are selling a 30 per cent interest in their commercial investment property to their self managed superannuation fund for its market value of $300,000....» read more

family discretionary trusts and land tax

published: july 2011

In the middle of a busy afternoon your client Tom calls in to see you to discuss a matter. He tells you he has a block of land on the coast worth about $1.5 million with an old shack on it. He tells you he plans to demolish it and build a really nice holiday home for the family...» read more

transferring company assets

published: june 2011

Baxter, Gigi and their accountant come to see you about transferring ownership of their farmland to their children. Their family company owns two farms, " West Block" and "East Block". Baxter and Gigi are both company directors; however, Gigi is the only shareholder. The inherited her shares from her father when he died some time ago...» read more

intentions irrelevant

published: april 2011...» contact us for further information

ABN? what ABN?

published: march 2011...» contact us for further information

look out for farmers

published: august 2010...» contact us for further information

costly company guarantee

published: july 2010...» contact us for further information

trusts

risk of trust resettlement

published: february 2012

You receive a letter from the accountant for a client of yours, enclosing a trust deed and asking you to amend the deed to “make it comply with the High Court's decision in Bamford v The Commissioner of Taxation”....» read more

another trustee issue for self-mananged super funds

published: december 2010 ...» contact us for further information

refinancing blues

published: november 2010 ...» contact us for further information

trusts in contracts

published: june 2010...» contact us for further information