On Wednesday 26 October 2022, Pitcher Partners hosted an in-person event with expert commentary on the new Labour Government’s approach to economic management – its updated version of the 2022-23 Federal Budget.
Pitcher Partners and McMahon Clarke together with the Melbourne and Sydney Compliance Groups held a Compliance Committee Forum Webinar, covering some of the latest issues for financial services.
Treasury has released exposure draft legislation to implement an integrity measure to make corporate distributions unfrankable where they were funded by capital raising.
Now an essential part of the Pitcher Partners Funds Management Tax team, Brenton commenced his career as an analyst within the financial services tax division of a Big 4 professional firm in 2010, cutting his teeth on a portfolio which included large managed funds and industry superannuation funds. His previous experience as a senior tax […]
Queensland’s new Revenue Legislation Amendment Act 2022, enacted on 30 June 2022, contains a significant change to Queensland’s land tax regime and implements what was originally announced in the Queensland Government’s 2021-22 Budget Update – Mid-Year Fiscal and Economic Review on 16 December 2021. The new land tax rules it contains will apply from the 2023 land tax year onwards.
Treasury has released draft regulations that excludes some entities from the shorter two-year period of review.
The Treasurer has released Exposure Draft Legislation that, if enacted, would implement both the skills and training and technology investment boost measures announced as part of the Morrison government’s March 2022 budget. Consultation on the proposals close 19 September.
In August 2022, Treasury released a consultation paper seeking feedback on the implementation of certain pre-election policies.
The grandfather clause that made thousands of Australian private companies exempt from lodging financial reports with the corporate regulator was perhaps not the most memorable event of the mid-1990s.
The ATO has published its final tax determination regarding the application of Division 7A to trust entitlements arising on or after 1 July 2022. This revised view, which replaces the now withdrawn TR 2010/3 and PS LA 2010/4, brings all UPEs to corporate beneficiaries within Division 7A and no longer accepts interest-only sub-trust arrangements for new UPEs.
Thank you for you interest