Your Knowledge October
In the last a few months, we have seen several key developments for business owners, trustees, and investors.
A recent Tribunal case, for instance, emphasises the critical importance of timing and evidence for trust distributions. At the same time, new rules have made ATO interest charges non-deductible, and we will explore the actionable steps you can take.
We cover the ATO’s new warnings about early access to superannuation. This serves as a reminder that short-term solutions can often lead to more serious long-term financial difficulties.
Non-residents must withhold 15% on Australian property sales from 2025. Learn key FRCGW scheme changes and tax residency rules.