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How to safeguard future finances after a separation

How to safeguard future finances after a separation

Life after separation is not always predictable.  However, as our recent article illustrated, it is important to formalise property settlements to ensure future financial protection. A recent case has illustrated that the alternative can be risky, particularly if your...

Donations to political parties. What are the boundaries?

Donations to political parties. What are the boundaries?

The Federal election is days away and the Victorian state election is also approaching. You may have made, or be considering, a financial donation to a political candidate or political party. Political donations are regulated in both the Federal and Victorian...

Discretionary trusts back on ATO radar

Discretionary trusts back on ATO radar

On 22 February 2022 the Australian Taxation Office (ATO) released a Draft Taxation Ruling TR 2022/D1 (Draft Ruling) and Practical Compliance Guideline PCG 2022/D1 (Compliance Guideline) about the tax treatment of: trust entitlements arising out of reimbursement...