Tax & Estate Planning
From 1 January 2018 eligible small business entities are exempt from stamp duty on certain types of insurances in NSW. The exemption applies to the following types of business insurance: commercial vehicle insurance; commercial aviation insurance; occupational indemnity insurance;...
Keith and Nicole are both divorced and have children from previous marriages. Nicole’s children, Connor and Isabella, come to live with Keith and Nicole after they get married. After a near miss during a special effects mishap for his...
Careful estate planning is essential in securing the ongoing viability of primary production businesses from one generation to the next. In recognition of this, the NSW Rural Assistance Authority (RAA) is currently providing funding for farming families to receive...
On 4 April 2017, legislation was passed to broaden the application of the exemption for transfers of farm land. The two key changes result in the exemption applying to transfers of primary production land in the following scenarios: 1. Where...
On 9 November 2016, the Government introduced legislation to implement its 2016-17 Budget superannuation reforms. The package of superannuation bills has been referred to the Senate Economics Legislation Committee for report by 14 February 2017. One of the bills...
The new Foreign Resident Capital Gains Withholding (FRCGW) regime commenced on 1 July 2016 and imposes withholding obligations on purchasers of certain assets which are classified as Taxable Australian Property (TAP). TAP includes direct interests in land, leases and...
The 2016-17 NSW Budget has confirmed the abolition of mortgage duty, marketable securities duty and non-real estate business assets from 1 July 2016 as planned. In combination with the new small business restructure roll-over (which will also apply from 1...
Roberts & Morrow sets itself apart as a regional accounting firm with a Lawyer who provides our valued clients with high-level taxation advisory services. Our Tax & Estate Planning Team is led by Partner and Tax Counsel, Paul Williams who...