CGT rollovers

January 11, 2021

Published by MC Tax Advisors at January 11, 2021

Tax Bulletin – December 2020 and What to Expect in 2021

The end of 2020 provided the first AAT decision in regard to eligibility for JobKeeper, ruling in favour of the taxpayer. As we move into 2021, we expect further decisions in this area, together with long-awaited guidance from the ATO on reimbursement agreements and profit-splitting for professional firms. DECEMBER 2020 TAX UPDATE Apted v CofT —Late ABN application accepted for […]

March 31, 2019

Published by MC Tax Advisors at March 31, 2019

Tax Bulletin – March 2019

March 2019 has seen the ATO set its focus on residential rental properties and the rental deductions being claimed. There has also been a number of case law developments, including the Paule decision (regarding multiple CGT rollovers), and the High Court granting the ATO special leave to appeal the Sharpcan decision (regarding deductibility of gaming machine entitlements). Our March Tax Bulletin covers these and […]