Category: GST&Compliance Updates

If you’re thinking about moving property or investments into a trust, or out of a trust, it’s worth slowing down for five minutes. These transfers can look “simple on paper”, but the ATO often treats them as CGT events with market value rules, and the tax bill can land at the worst time — especiallyRead More »

The ART has denied a YouTuber’s claim for GST credits on the basis that there was no clear, reliable andcorroborative evidence linking the expenses to an enterprise. This case explores the importance ofmaintaining substantial evidence and records to prove acquisitions are made in carrying on an enterprise and demonstrates the scrutiny around digital, home-based contentRead More »