Tax & Structuring

KHQ News & Insights

DPN to cover GST – directors & shadow directors exposed!


Posted By on 9/08/19

The ATO has, following the passage of amending legislation (see below), recently extended its ability to hold a rogue director accountable for unpaid tax liabilities of their company (which would include a company acting as trustee of a trading trust). This has been achieved through the strengthening of the suite of recovery legislation at its … Read more

Directors beware — extended liability for superannuation guarantee charge, PAYG withholding tax & GST


Posted By on 7/03/19

By Jack Stuk (National Tax Partner and President of NTAA Ltd) and Jonathan Slade (Lawyer) The government has progressed legislation through parliament which will extend the penalties and enforcement measures applying in relation to superannuation guarantee charge (SGC), PAYG withholding tax and GST, including imprisonment. These new measures are contained in the Treasury Laws Amendment … Read more

PSI rules: taxpayer LinkedIn but unconnected to clients


Posted By on 8/01/19

Many professionals regularly use the business-focused social networking site of LinkedIn to promote custom for themselves.  The taxpayer in Fortunatow and FCT [2018] AATA 4621 failed to establish that his company was conducting a personal services business (PSB) under Divs 84 to 87 of the Income Tax Assessment Act 1997 (ITAA 1997) for the dispute years … Read more