What are the requirements to contest a Will?

Disputes often arise when parties that are associated with the deceased person disagree with the intentions as contained in the Will. In NSW, you have to meet certain criteria in order to be eligible to contest a Will. If the Will excludes or does not make adequate...

Capital Gains Tax from Shares and Units

Capital Gains Tax (CGT) is the tax you pay on a capital gain. It is not a separate tax, just part of your income tax. The most common way you make a capital gain (or capital loss) is by selling assets such as real estate, shares or managed fund investments. For CGT...

Audit Insurance – Have you got it covered?

The ATO (and other government authorities such as the OSR) have never been more active or able to conduct enquiries, reviews or investigations of your returns. Audit Insurance is designed to protect businesses from the costs associated with an audit of their tax...

When is the right time to make a Will?

A Will is a legal document that clarifies how you wish your assets (your estate) to be distributed after your death. The Will may also cover who your executor will be, payment of debts, withdrawals from accounts, any special requests, and who will take on guardianship...

Tax Audits – What are They?

The Australian Taxation Office (ATO) is responsible to the government and the community for collecting the revenue and ensuring that everyone pays the correct amount of tax.  A tax enquiry or audit is an examination of your tax affairs by the ATO to see if you have...