Law Society of SA Succession Law Conference
6 December 2024 Tax 101 - The prequel
6 December 2024 Tax 101 - The prequel
On 18th October 2022 a story aired on ABC’s 7:30 Report concerning Australians being scammed out of their superannuation savings. Part of this story referred to a Melbourne based accounting practice named BNR Business Accountants, who were seemingly engaged to...
Deceased Estates (advanced)
Taxation of Deceased Estates for Estate Practitioners.
Death and Tax Symposium – “International aspects of taxation within Deceased Estates and Testamentary Trusts”
Joint session with Bryan Mitchell of Mitchell Solicitors
Joint session with Bryan Mitchell of Mitchell Solicitors
“Taxation of Estates with International Connections”
“The Australian Tax Pitfalls of Administering an Estate with International Connections”
On 22 March 2020 the Federal Government announced that it would provide a tax free payment of up to $100,000 for eligible small and medium sized businesses that employ workers who withhold Pay As You Go (PAYG) tax from salary and wages. Equivalent relief will also...
Death & Taxes: some practical discrete issues
On 27 June 2019 the Commissioner of Taxation issued the Practical Compliance Guideline PCG 2019/5 to provide an executor (or beneficiary) of a deceased estate with a safe harbour that can be relied upon if a dwelling of a deceased cannot be sold and settled within...
Introduction BNR Partners regularly consults on the potential impact of Division 7A of the Income Tax Assessment Act (1936) on its clients including private companies that form part of a deceased estate. To recap, Division 7A ensures that the making of a payment or...
AAT decision stands despite taxpayer’s death The Administrative Appeals Tribunal (AAT) recently held in in Mavris and FCT (2018) AATA 4130 that it had the jurisdiction to make a decision concerning an objection decision after the completion of a hearing even though...
In addition to finalising a deceased estate, an executor is responsible for settling any outstanding tax obligations...
In addition to finalising a deceased estate, an executor is responsible for settling any outstanding tax obligations...
This is a very frequently raised question that is not well understood.