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.
Tax| 22 Feb 2023
Revenue NSW has taken an extraordinary step, conceding that New South Wales surcharge purchaser duty and foreign owner surcharge land tax provisions are inconsistent with international tax treaties. We explain what this move will mean.