Not all farmland is GST free

Land values have taken off in your local area and clients of yours are considering selling part of their property to help fund their retirement and repay debt. Your clients owned the land before Capital Gains Tax was introduced so you know the significant...

Simplifying deeds in the pension phase with your SMSF clients

For members in the pension phase of an SMSF, a lengthy and complex deed is not always necessary. Short, targeted deeds can also achieve the desired estate planning outcomes with just as much certainty. There has been a lot of discussion regarding the...

Tax exemptions: hidden duty stings

This article was published in this month’s edition of the Law Society Journal of NSW. George and Genevieve’s accountant has made an appointment for them see you mainly in relation to their daughter Helen. Following family unhappiness, George and...

Reasonable care

Beware of signs when skiing and ensure you are satisfied as to where it is safe to ski whether it is on water or at the snow this winter! In Wyong vs. Shirt (1980) a landmark High Court negligence case, Mr Shirt was an inexperienced water skier and looked...

When is a foreigner not a foreigner?

You have been acting for the Smith family for the past 10 years and have recommended several times that they put a succession plan into place in relation to their farming enterprise as Bob and Nancy are well into the 60’s. Family discussions finally started...

Not all farmland is GST free

Simplifying deeds in the pension phase with your SMSF clients

Tax exemptions: hidden duty stings

Reasonable care

When is a foreigner not a foreigner?

Categories

Recent Posts