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Insights

A look into the world of accounting.

A hidden tax on divorce: What you need to know

28th August 2017

Tax is probably one of the least concerns for two people in the unfortunate event of a divorce. However, often overlooked changes made by the ATO in July 2014 has meant that many couples going through divorce be left with excessive and hefty tax bills....

“Foreign until proven otherwise”: New ATO rule burdens Australian buyers and sellers of property above $750,000

22nd August 2017

As of the 1st of July 2017, a new ATO law regarding the sale of properties for more than $750,000 has come into action, affecting all buyers and sellers of residential and commercial property, vacant land, leaseholds and strata title schemes....

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