August, 2017
The Lovetts team are focused on getting the best outcomes for our clients. For over 50 years, Lovetts has been…
March, 2016
Parliament has just passed legislation that requires local banks, on an annual basis, to provide detailed information to the Tax…
February, 2016
Foreign companies investing in Australia will have new obligations to co-operate with the Tax Office, and if they don’t keep…
February, 2016
Foreign agricultural land owners must notify the Tax Office if they hold agricultural land, acquire new agricultural land or dispose…
February, 2016
Question: I have just bought a house that I intend to rent out to a tenant. Before I do that,…
February, 2016
Question: Last year, we moved out of our home to relocate and signed an agency agreement and got the real estate…
February, 2016
Under the US Foreign Account Tax Compliance Act (known as FATCA) Australian banks have provided details of over 30,000 customer…
February, 2016
Log on to ASIC’s website – www.asic.gov.au and you can obtain information about how to make a complaint or report misconduct.…
February, 2016
A recent Federal Court decision has made it abundantly clear that franking credits must be allocated to beneficiaries in the same…
February, 2016
In a tough decision, the Tribunal has refused a $20k deduction for losses in share trading activities for a casual…
February, 2016
At the moment, internet supplies of movies, music, apps, games, eBooks, other digital products and services such as consultancy and…
February, 2016
The Full Bench of the Federal Court declined an appeal by multiple foreign companies against an assessment based on them…
February, 2016
Foreign resident capital gains withholding payments will apply where a foreign owner sells land or land interests with a market…
August, 2015
Currently, employees of certain not-for-profits can salary sacrifice entertainment benefits. If they do so, no FBT is payable by the…