Australias Tax News Podcast For Tax Professionals

In this episode Robyn Jacobson of TaxBanter will walk you through the judiciary (courts) and administrative side (ATO) of our tax law system.

Australia has three independent arms of government - Legislature - Judiciary - Administration - that shape our tax system.

If we can't reform our tax system, should we try to at least simplify it? Here is Chris Evans of UNSW with some insights.

Why is tax reform so hard in Australia? Chris Evans of UNSW looks at tax reform and why this seems to be an insurmountable task in Australia in this episode.

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

When is the export of services GST-free? Here is Simon Dorevitch of A & A Tax Legal Consulting in Melbourne with the answer.

Only services connected with ITZ (indirect tax zone) can possibly be subject to GST. If a service is not connected with ITZ, it can't be a taxable supply.

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

When is the export of goods GST-free? Simon Dorevitch of A & A Tax Legal will give you a comprehensive answer.

Without a connection to the ITZ, there is no taxable supply. So the indirect tax zone plays a crucial role in GST land.

It starts with a spark. Something flag's the ATO attention and they commence a risk review.

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

Whether a testamentary trust is a good idea or a waste of your time depends on the size of your estate, your intentions and your beneficiaries.

On the 1 July 2018 a new approach to the non-arm’s length concept came to life. Non-arm’s length expenses (NANE).

ITAA97 NANI is overlooked but dangerous. s295-550 ITAA97 doesn't get much limelight but is more dangerous than s109 of the SIS Act.

SIS Act non-arm's length income features in pretty much every sole purpose test court case.

Succession and work-life balance are often put aside and don’t receive much attention.

Your strategic objectives give you the road map to achieve your vision. And they allow you to track your progress.

Your MVV stipulates what you do everyday (mission) to achieve your goal (vision) and how you will get there (values).

Business advisory will allow you to avoid competing on price. Here is Mark Holton of Smithink with more.