Wednesday 10 September 2014



We have advised on some commercial property transactions recently and most people may not be aware that GST (if its part of the property sale, ie. for commercial property) is counted as part of the property value when calculating stamp duty. See the link here: https://www.apps08.osr.nsw.gov.au/erevenue/calculators/landsalesimple.php


Hi all, this is a great link that provides much more detail and colour on the new SMSF penalty regime the ATO is implementing from 1 July 2014. There is a webinar that explains the actions ATO has at its disposal and also some case studies of common problems Trustees encounter. https://www.ato.gov.au/Super/Self-managed-super-funds/In-detail/News/SMSF-News/SMSF-News---edition-31/?tpissue-32-2014=&page=2#Free_education_for_SMSF_trustees_and_professionals