The “widow tax” fix protects negative gearing treatment for certain inherited property interests and former homes converted to rentals. Find out what changed and what it means for property owners.
The intent of the initiative to impose a minimum 30% tax on discretionary trusts is to eventually bring all discretionary trusts (termed "minimum tax trusts") within the tax net. We cover the fundamental issues at this point in time.
NSW small business owners can now access up to four hours of free, independent business advice each financial year through the Service NSW Small Business Advisory program.
CGT reform is coming. If you leave your business valuation until a future sale, important financial and commercial evidence may be difficult to reconstruct, and Treasury’s allocation formula may not reflect when your business created its value.