Case study: Tax residency and main residence exemption. Bert Lancaster is an enterprising young mining engineer who has just been offered a new job in New Zealand. He recently bought his first home in Brisbane in January.…

We can help you take on an overseas employment position by offering planning guidance to optimise your tax residency circumstances so you do not pay unnecessary double taxation.…
Can you claim the main residence exemption after you move overseas? The answer depends on timing, tax residency, and a few rules that catch people out. Let’s say you have lived in your home in Brisbane for years.…
Appeal lost: Foreign companies were tax residents of Australia. The Full Bench of the Federal Court declined an appeal by multiple foreign companies against an assessment based on them being Australian tax residents.…
If you leave Australia for an extended period and your company is incorporated here, it will continue to be an Australian tax resident.…
Save Tax: Plant and equipment cost. The cost of items of plant and equipment used in calculating depreciation is the full purchase price plus any costs of transporting, installing, relocating or re-erecting the item.…
Save tax - accelerating deductions. Expecting a high taxable income? You can reduce this by bringing forward expenses likely to be incurred next year. Do you have plant or property in need of repair?…
Save-tax: Scrip-for-scrip takeovers. You may be able to obtain rollover relief where there is a scrip-for-scrip takeover between companies and trusts (whether widely held or private entities).…
Tax effective structures for US investments in Australian-based businesses. Keywords: Next Article. Disclaimer: We believe this information to be correct at the time of publication.…
Tax effective structures for Australian investments in US-based businesses. Keywords: Next Article. Disclaimer: We believe this information to be correct at the time of publication.…