With the exception of Tasmania, all Australian States and Territories have now delivered their Budgets for 2024-25. The first half of the 2024 calendar year has been a busy one in the world of State and Territory taxes, partly due to many measures associated with their budgets for 2024-25. The Budgets contain announcements regarding changes […]
Our transaction taxes experts, Craig Whatman and Irina Tan from Pitcher Partners Melbourne recently hosted an event to unpack the impact of this new tax on property owners. Watch the recording to understand: An overview of the CIPT and the proposed changes How it is intended to operate What this means for existing owners and […]
With an impressive 17-year tenure at the firm, Benjamin has expertly advised clients across a broad range of industries. His speciality lies within the property and construction industry, and he has an impressive 15 year track record supporting large property development groups, in particular with respect to large scale broad acre developments and in the […]
In April 2024, Treasury released for comment exposure draft legislation (see here) seeking to introduce income tax concessions for Build-to-rent property developments to give effect to a Federal Budget announcement made on 9 May 2023. The proposed concessions consist of a capital works deduction rate of 4% per year and a reduced withholding tax rate […]
Land tax assessment notices for the 2024 land tax year are in the process of being issued by the State Revenue Office of Victoria. A number of land tax changes have been introduced commencing from 1 January 2024, including increases to land tax and absentee (foreign) surcharge rates. You can read more about the changes […]
Ellen is a Client Director in our Tax Advisory group with over 12 years of experience in providing taxation advisory and compliance services to privately-owned, listed and multinational businesses. Ellen has broad experience in advising businesses on a variety of commercial and taxation matters in relation to structuring, restructuring, mergers and acquisitions, global expansion and […]
Nathan has extensive experience in audit and corporate advisory services, with strong technical-accounting expertise, financial literacy and commercial acumen, across broad industry sectors including retail, manufacturing and consumer business. This expertise was predominantly gained while working in Big 4 accounting firms. Strategically focused and skilled in providing insight and advice to C-Suite executives, Boards and […]
Planning reform, a tax shakeup and incentives for developers are needed to revive apartment development and ease Victoria’s rental crisis, according to property experts at Pitcher Partners. Severe shortages of apartments in Victoria are heaping pressure on affordability, with rental values rising 17.7 per cent year on year to reach $526 per week, according to […]
A promised housing package from the Victorian Government could see a range of changes to short stay accommodation . A debated ‘Airbnb tax’ is just one, imposing levies and yearly caps on short stay property use . Reducing some land taxes and other fees could encourage landowners to make vacant dwellings available for longer term rent.
Recently, Pitcher Partners Sydney hosted a webinar addressing key tax considerations for individuals with UK and Australian ties.
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