Tax Structuring

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Division 7A – new ATO guidance – section 109U, it’s not all about Bendel

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Division 7A – new ATO guidance – section 109U, it’s not all about Bendel

The Australian Taxation Office (ATO) recently issued two key updates that could affect private groups using guarantee-backed financial arrangements.

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Windfall Gains Tax - legislation released – certain concessions granted

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Windfall Gains Tax - legislation released – certain concessions granted

In line with the 2021/22 Victorian Budget announcements and following targeted consultations with various stakeholders, the Victorian Government has recently tabled a Bill to introduce the windfall gains tax - Windfall Gains Tax and State Taxation and Other Acts Further Amendment Bill 2021 (Bill).