ATO to Strengthen Its Debt Recovery Efforts

The debt owed to the Australian Taxation Office (“ATO”) has ballooned to over $19.5 billion. Tax debt has increased by 10% as of June 2014, compared to the previous year’s figures. It seems that the Australian tax debt is growing at a much faster rate than the ATO’s...

Beware of Wages Paid to Sales Staff

The case of Fair Work Ombudsman v Longridge Pty Ltd involved the prosecution of a building company in South Australia for the underpayment of wages paid to its sales staff. Paying Sales Staff Wages – Information You Need to Know: Facts Longridge Group was a...

Telstra 2014 Share Buy-Back – The Tax Effect

The ATO has issued a fact sheet in relation to the off-market share buy-back that Telstra announced in 2014. The fact sheet provides advice for Australian resident investors who hold their shares on capital account and are subject to the CGT provisions. Participating...

Recent Changes to Development Control Plans

What are the differences between a DCP and a LEP? A DCP, or Development Control Plan, provides detailed planning and design guidelines to uphold the planning controls in the LEP (Local Environment Plan). On the other hand, an LEP is a legal document prepared by the...