Posts

RG 146

142 | RG 146

RG 146 is a financial regulation issued by ASIC. It lists the minimum training you need to sell financial products.

Incoterms

139 | Incoterms

Incoterms are pre-defined commercial terms published by the International Chamber of Commerce.

testamentary trust basics

135 | Power of Attorney and Enduring Guardianship

Enduring power of attorney deals with money, assets and wealth,  while enduring guardianship deals with medical decisions.

Property vs Shares

116 | Property vs Shares

Property vs shares - how are they taxed differently?  Bob Deutsch, Senior Tax Counsel of The Tax Institute, pursues this question.

Life and Remainder Interest

115 | Life and Remainder Interest

A life and remainder interest is often used in a testamentary setting. Here is Michael McCarthy of Tax & Super Australia with more.

Binding Death Benefit Nomination

113 | Binding Death Benefit Nomination

Binding death benefit nominations are an important part of SMSF succession. Daniel Butler of DBA Lawyers will tell you more.

New Safe Harbour for Directors

93 | New Safe Harbour for Directors

The new safe harbour rules for directors aim to change the insolvency culture in Australia. Ben Sewell of Sewell & Kettle will give you the details.

Phoenix Activity

92 | Phoenix Activity

Phoenix activity is a common phenomenon in the Australian tax ecosystem. Ben Sewell of Sewell & Kettle will tell you how phoenixing works.

62 | Electronic Signatures

What is legally valid when signed electronically? Christine Ecob and Georgina Xiradis of JWS will walk you through the legal framework.

Common reporting standards

36 | Common Reporting Standards

Tax havens start talking to the ATO thanks to the new Common Reporting Standards. Ben Sewell of Sewell & Kettle provides a helpful overview.

Sole Purpose Test

19 | Sole Purpose Test

According to the ATO the sole purpose test is the most commonly breached rule. Manoj Abichandani of Online SMSF Auditor discusses the issue.

family law

18 | Family Law

To sort out the tax side of a relationship breakdown, it helps to understand the legal side. Here is Angelina Torrisi of Family Law Practice.

Articles

Ryan Wealth v Baumgartner

55 | Ryan Wealth v Baumgartner

Ryan Wealth v Baumgartner is the latest calamity in the new practice by trustees to get the SMSF auditor to pay for dumb investment decisions.
joint tenants or tenants in common

50 | Joint Tenants or Tenants in Common

You got married and just bid on a house. Should you buy the house as joint tenants or tenants in common?
what goes into deceased estates

48 | Deceased Estates

When you die, everything you own will go into your deceased estate unless specifically excluded. And the devil is in these exclusions.
Payment Arrangement

14 | Payment Arrangements

Payment arrangements with the ATO are expensive due to high interest rates. So best to avoid using the ATO as a bank.
Director Penalty Notice

13 | Director Penalty Notice

A director penalty notice allows the ATO to cut through the corporate veil of a company and go for the individuals behind it - the directors. Here is more.
Taxpayer's Charter

12 | Taxpayer’s Charter

It might feel at times as if you have no rights against the ATO. But you do. They are listed in the Taxpayers' Charter.