In this article, we explain the key duty and land tax changes proposed in the NSW budget which are set out in the Treasury and Revenue Legislation Amendment Bill (‘the Bill’) and discuss what taxpayers can do to prepare for the changes.
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.
In some workplaces it is common practice to provide employees a company car as a tool of trade, as part of their compensation, or to give the possibility to finance a novated lease. However, as workplaces and companies move their fleets to a greener alternative, an unintended consequence of this can be the increased employee’s tax liability.
Recently, Pitcher Partners Sydney hosted a webinar addressing key tax considerations for individuals with UK and Australian ties.
Juliana provides tax advisory and compliance services to listed investment companies, large privately owned companies and managed investment trusts (MITs). Her experience extends across a range of industries including financial services, technology, property and mining. Recognising the importance of having a supportive network throughout a career journey, Juliana has been a mentor and source of […]
Jordan is an assurance and financial reporting expert across a range of industries including a focus on supporting clients in the property and construction, agriculture and not-for-profit sectors. He has extensive experience providing services to publicly listed companies through to private family-owned enterprises and not-for-profit organisations. Jordan’s diverse professional experience allows him to provide commercial […]
A highly regarded professional, Lisa has an impressive career spanning more than 20 years. During her tenure with Pitcher Partners’ Adelaide firm, she has gained significant experience providing accounting and compliance services and advice, including business structuring, tax planning, finance applications, business structuring and general taxation advice and strategies to a diverse range of clients. […]
Entities lending to related parties on complying Division 7A terms will generally earn interest on these loans at benchmark rates. The rate for repayments for the 2022-23 year was set in May 2022 at 4.77%. However, market borrowing rates have significantly increased since last May.
Pitcher Partners and McMahon Clarke, together with the Melbourne and Sydney Compliance Groups, held a Compliance Committee Forum Webinar for a briefing on the latest issues for financial services.
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