Australias Tax News Podcast For Tax Professionals

What should you do when your business is struggling? There are 19 questions to ask.

How to hire offshore staff - only 2 steps but there is a lot in there.

How to find your offshore staff - nine steps to find who you need. From advertising to shortlisting and interviews.

Queensland land tax is changing from 1 January 2023. But since land tax is based on land holdings as of 30 June, this change won't hit you until some time after 1 July 2023.

This latest report was published in August 2022 and covers developments up until 31 March 2022. The June numbers are not out yet. In this episode, Kevin Zhang, Technical Compliance Manager of Class, will walk you through the main findings of this report.

A disclaimer of trust income used to be easy - not anymore as Andrew Henshaw of Velocity Legal in Melbourne will tell you.

The Carter Case changed everything. You can no longer disclaim a trust distribution for income tax purposes.

What is it like to work in a labour hire agency in the Philippines? Get an insider view on moonlighting and staff poaching.

Charitha Wasala tells you how he set up his own direct offshore team in Sri Lanka and manages his teams - directly without an agency sitting between him and his people.

Offshore labour hire has become a very popular solution. Listen to three Australian accountants about their experiences.

When you structure across the US - AU border for tax purposes, you easily run into the following six tax questions.

When your clients plan an expansion into the US, they will most likely ask you how to structure this.

How you structure your investment into US public and private markets depends on the following seven factors as Peter Harper of Asena Advisers will tell you in this episode.

Will a Div 7A Loan write-off trigger a deemed dividend under s109F ITAA36? That is the question.

Distributable surplus is one of five Div 7A quick fixes. If you have no distributable surplus, no deemed Div 7A dividend.

Amendment periods determine how much time you have to fix an issue. Within the amendment period you can still fix things. Outside you can’t - unless the commissioner grants you an exemption.

Inventory management and point of sale systems go hand in hand, but the focus is different. The systems we will discuss in this episode start with point of sale (POS) and then added inventory management (IM). The systems we discussed in the last episode started with IM and then added POS.

Inventory management systems focus on inventory. They cover point of sale but started in inventory.

Holding a 401K as an Australian tax resident can cost you a lot of tax - but there are ways around it.

Today let’s talk with Bradley Murphy and Darren Catherall of Murphy Tax Lawyers and Advisors in Sydney about the CGT implications when you move from the US back to Australia. And whatever we discuss with respect to Australian tax will apply to relocations from other countries as well. So for Australian tax - disregarding any treaties - it doesn’t matter where you are coming from.