Andrew Power

End of April Tax Update

Landmine Div 7A decision for Commissioner – FCT v Bendel 2025 FCAF 15 (31 March 2025 – Backfire for Commissioner – Section 109D Div 7A attack on Corporate Beneficiaries fails and causes Commissioner other problems)

Be aware of what constitutes a Terms Contract when selling an interest in land – do not get caught out!

New GST rules affecting property transactions - ATO cracking down on developers who avoid paying GST