The Victorian Vacant Residential Land Tax (VRLT) for the 2026 year is determined by the 2025 calendar year, which is drawing to a close. With new unimproved land provisions commencing on 1 January 2026 and existing VRLT rules continuing to apply, this year is not simply a rollover of last year’s position. Stakeholders should review […]
The Victorian State Taxation Further Amendment Bill 2025 introduces various proposed changes across several key property-related taxes, including Duty, Land Tax, Vacant Residential Land Tax, Congestion Levy, and the Commercial and Industrial Property Tax. These changes have potential implications for a wide range of stakeholders including owners and investors of various types of real property […]
Key points The High Court found payments for concentrate were not royalties paid to PepsiCo Payments were for concentrate only, not for intellectual property use. Diverted Profits Tax did not apply, as no reasonable alternative arrangement existed. In doing so, the High Court accepted a “do nothing” scenario (that the taxpayer would never have entered […]
The property and construction industry has once again been identified as a sector of concern by the ATO, with recurring compliance issues placing builders, contractors and tradies under closer review. This industry has long been considered high-risk by the ATO, due to its reliance on subcontracting, complex payment arrangements and, in some cases, cash transactions. […]
This article first appeared in TaxVine, a member’s newsletter from The Tax Institute. Key points The NSW Court of Appeal ruled in favor of the Chief Commissioner, confirming that payments made by Uber to its drivers are subject to payroll tax. This judgment has significant implications for business models in the gig economy and other […]
Key points Rental terms for the build-to-rent (BTR) land tax concession become stricter – Additional administrative requirements with a potential minimum lease period of 12 months adds additional burden to landowners who are currently accessing or looking to access the BTR concession. Commissioner’s power to make provisional determination for Commercial and Industrial Property Tax (CIPT) […]
Key points Expanded Vacant Residential Land Tax (VRLT) rules will apply in the upcoming 2026 VRLT year. The criteria for when land will be considered vacant and attract the VRLT differ depending on the nature of the land in question. New rules for unimproved land will apply for the first time based on circumstances from […]
Update July 14, 2025 The US “One Big Beautiful Bill”, which proposed sweeping international tax reforms including retaliatory tax increases on foreign income, has now passed through Congress. Initially flagged as a concern for Australian taxpayers with US-sourced income, the final version has removed Section 899 following negotiations with the G7, meaning most of the […]
As we approach the end of the financial year, and it’s time to get your year-end tax planning sorted. We’re here to help you get everything in order. Watch our Pitcher Partners’ year-end tax planning webinar, where Tax Advisory Partner Daniel Burt, will guide you through all the essential aspects of income tax planning. During […]
With 15 May now behind us, attention turns to 30 June. With the ATO increasing its compliance focus at all levels (firms, funds, investors) and trusts in particular continuing to be under the microscope, responsible entities, trustees and fund managers must prioritise tax compliance and investor reporting. Failing to address key issues could lead to […]
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