Where there’s a will, there’s often a dispute
When a parent passes away and leaves behind an estate that becomes a source of bitter conflict between siblings.
Have you obtained your director ID? Make sure you do.
The director identification number (director ID) regime is now in place with Australia’s newest company directors having to comply first.
Becoming the executor of a deceased estate
There comes a time in many people’s lives when they are appointed the executor of a deceased estate.
ATO extends COVID-19 relief measures for SMSFs
SMSF trustees that are financially impacted due to COVID-19 because of extended lockdowns in certain States and Territories will be granted extended relief to cover the 2021-22 financial year.
CGT retirement exemption where gain is made by a company or trust
Applying the “Retirement Exemption” in the CGT Small Business Concessions can be quite difficult – particularly where a company or trust makes the capital gain and the exemption is sought to be applied for the benefit of individual shareholders in the company or beneficiaries in the trust.
CGT on sales of property inherited by a foreign resident
Is there CGT when a property inherited from a foreign resident is sold? Am I liable for CGT on a home I
inherited from a foreign resident when I sell it one year later? The following scenario demonstrates how the CGT rules work in this situation.
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