Blog

Trusts are the Swiss Army knife of asset protection—versatile, reliable, and widely recommended. But what happens when the tax consequences of moving assets in, out, and between trusts turn out to be far more treacherous than the brochure suggested? The sources reveal a landscape where timing nuances can shift tax liabilities between years, where well-meaningRead More »

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 »

If you run a business, you already know the juggling act that comes with managing the payroll process — paying staff on time, managing cash flow, and staying compliant. From 1 July 2026, there’s a major change coming that will reshape how you handle superannuation contributions for staff. It’s called Payday Super, and it becameRead More »

If you’ve invested in further study — an MBA, a leadership course, or a postgraduate qualification — you might be wondering: can this help at tax time? For many professionals, the answer is yes — but only if the right boxes are ticked. The ATO’s rules on self-education expenses are strict, and the line betweenRead 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 »

On 13 October 2025 the Federal Treasurer announced some significant changes to the design of the proposed Division 296 tax. Some of the key changes are: Rather than ATO-reconstructed member-level earnings based on balance movements, the revised modelmoves to a fund-level realised-earnings approach. Funds (including SMSFs) will calculate their taxable/realised earnings for the year, attributeRead More »