Trustees of discretionary trusts holding NSW residential land (regardless of where the trust was established) may need to make urgent changes to their trust deed to avoid incurring surcharge purchaser duty and surcharge land tax. Surcharge purchaser duty is an...
Tax Flashes
Extension of primary production activities
Clause 4AA has been inserted into the Duties Regulations 2008 (WA), the effect being that primary production activities under section 101A(1)(e) of the Duties Act 2008 (WA) have been extended to include production-based agistment. Production-based agistment is defined...
JobKeeper – New 1 July 2020 Employee Eligibility Test
The Government has announced a number of amendments to the JobKeeper scheme over the last couple of months. The most pressing of those amendments is the change of the reference date for determining employee eligibility to 1 July 2020. Employees that were not eligible...
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