International Tax| 12 Sep 2023
First announced on 15 May 2021 and then delayed 12 months, the Windfall Gains Tax commenced on 1 July 2023. Here is a refresher of how the WGT will apply, how much it will be, the relevant exemptions and our observations.
Tax| 22 Aug 2023
The State Revenue Office Victoria and Revenue NSW have now confirmed, in the recently issued Revenue Ruling PTA-04, that payroll tax may apply to payments made by medical practices to their practitioners.
Tax| 31 May 2023
The Victorian Budget 2023/24 includes the new COVID Debt Repayment Plan, designed to claw back some of the deficit blow out from the pandemic. That means tax news.
Tax| 24 May 2023
The Victorian Government announced that transfer duty will be phased out for commercial and industrial properties in Victoria from 1 July 2024.