ATO finalises compliance approach on imported hybrid mismatch rule
The ATO has published Practical Compliance Guideline PCG 2021/5 (“the PCG”) setting out its compliance approach in relation to the imported hybrid mismatch rules.
Corporate collective investment vehicle rules introduced into Parliament
The Corporate Collective Investment Vehicle Framework and Other Measures Bill 2021 (“the Bill”) introduces legislation to implement the long-awaited CCIV regime into Australia. Designed to allow managed funds to operate through a legal form corporate entity, but maintain flow-through taxation, it is intended to provide a more familiar vehicle for foreign investors who may not […]
Mental Health and Wellbeing Levy commencing on 1 January 2022
The Mental Health and Wellbeing Levy was introduced to support funding for a range of mental health services in Victoria. The Levy will be implemented as a payroll tax surcharge on certain businesses commencing from 1 January 2022. Who has to pay the levy? An employer will be liable for the Levy on the portion […]
Are you at risk of the ATO disclosing overdue tax debts to credit reporting bureaus?
Businesses with overdue tax debts of more than $100,000 may have their tax debt information reported to credit reporting bureaus by the Australian Taxation Office (“ATO”), following a new tax debt disclosure measure enacted in October 2019. While the regime took effect from February 2020, its implementation was delayed in response to COVID-19. Entities that […]
Elizabeth Jools
Elizabeth offers tax advisory services to a range of clients including those in the information, communications and entertainment industries, manufacturing and industrial markets, mining industry and funds management sector. Over the life of her career Elizabeth has solved complex tax issues, with her main focus always on gaining the best results for her clients. Elizabeth […]
Hugh Taylor
Hugh has over 35 years of experience in chartered accounting and specialises in superannuation, retirement and estate planning, administration of self-managed funds and business investment and structuring. His experience spans a range of clients including investors, medical and health care specialists, property and construction and professional practices. Hugh utilises his strong relationships with lawyers, actuaries […]
Cathleen Crossley
Cathleen a Principal within the Private Business and Family Advisory division, Cathleen has worked in the industry for over 30 years. Specialising in providing employment and outsourcing services, Cathleen is a trusted advisor, recognised for her knowledge, attention to detail and exceptional client service. Additionally, Cathleen specialises in taxation harmonisation and related compliance for expats, […]
Your contractor obligations: Overview of contractor compliance with employment taxes
The ATO collects a significant amount of information in relation to contractors in certain industries through the Taxable Payments Annual Report (“TPAR”). The ATO uses TPAR information for various compliance programs. In addition, they share this information with other government agencies including the State Revenue Offices and the WorkCover Authorities. These organisations analyse the information […]
Lawrence Dujmovic
Lawrence is a Client Director for Tax Advisory and has provided tax specialist advisory for over 20 years. With a client base consisting of predominantly business owners, his specialities include tax treatment and implications for commercial transactions, effective tax structuring, the preparation of businesses for sale or purchase and mergers or demerger matters. Additionally, Lawrence […]
Greg Wilkins
Greg has provided advisory services to privately-owned businesses, not-for-profit organisations, investors and family groups for more than 18 years. He specialises in providing advice on corporate governance, finance function improvements, obtaining grants and government support, strategic planning and structuring, due diligence engagements and accounting and tax compliance. Throughout his years of service Greg has developed […]