Podcast: TaxLand with Fletch and Sarah – Automotive Invest Pty Limited v Commissioner of Taxation: The High Court looks at the difference between purpose, motive and means for the Gosford Classic Car Museum.
In this episode of TaxLand, Fletch and Sarah take a trip down the Central Coast and through an old Bunnings Warehouse to look at whether the taxpayer’s activities of having a museum full of luxury cars available for sale means that they were no longer trading stock – with corresponding tax consequences! Travel to TaxLand with us (maybe via your nearest Ferrari dealer) to learn more.
Podcast: TaxLand with Fletch and Sarah – The taxpayer, the Commissioner and the burden of proof
In this episode of TaxLand, Fletch and Sarah walk through the dark places of what happens when a taxpayer has a dispute with the Commissioner, and what the taxpayer needs to do to meet their burden of proof. Hint: they will need to show their amended assessments are excessive and what they should have been.
Podcast: TaxLand with Fletch and Sarah – Uber’s trip to court with the Chief Commissioner – payroll tax assessment set aside
In this episode of TaxLand, Fletch and Sarah take a ride through the NSW Supreme Court’s decision in Uber Australia Pty Ltd v Chief Commissioner of State Revenue. Accept our request to take a trip through the relevant contract provisions, exemptions and whether or not amounts are paid or payable in relation to the performance of work. Travel to TaxLand with us to learn more and leave us a five-star rating.
Podcast: TaxLand with Fletch and Sarah – Director penalty notices
In this episode, Fletch and Sarah celebrate TaxLand’s 21st birthday by chatting about director penalty notices – when directors are personally liable for a company’s tax liability, when those amounts can be remitted and when a defence may apply. Travel to TaxLand with us to learn more.
Podcast: TaxLand with Fletch and Sarah – Understanding the ATO’s new guidance on section 99B applying to distributions of capital from trusts
In this episode of TaxLand, Fletch and Sarah journey through the ATO’s new draft tax determination and PCG in relation to whether amounts of trust capital distributed to Australian resident beneficiaries are subject to section 99B.
Podcast: TaxLand with Fletch and Sarah – Dealing in margins – when does the GST margin scheme apply?
In this episode of TaxLand with Fletch and Sarah, we venture into the world of property developments to talk about issues relating to the GST margin scheme.
Podcast: TaxLand with Fletch and Sarah – 17. Dibber-dobber’s dilemma: The new Tax Practitioner Board (TPB) reporting obligations for tax agents
In this episode of TaxLand, Fletch and Sarah look at recent amendments to the Tax Agent Services Act that impose obligations on tax agents to report significant breaches of the Code of Professional Conduct, both for themselves and other tax agents.
Podcast: TaxLand with Fletch and Sarah – Part IVA and profit allocations in professional firms
In this episode of TaxLand with Fletch and Sarah, we are honoured to welcome special guest Michael May, barrister from Level 27 Chambers. We delve into the ATO’s PCG 2021/4 compliance approach to profit allocations in professional firms and Michael shares his expert perspective on Part IVA following the Full Federal Court’s decision in Minerva Financial Group Pty Ltd v Commissioner of Taxation – all set in a world where chocolate Labradors and aliens coexist.
Podcast: TaxLand with Fletch and Sarah – Payroll tax and mortgage brokers – what happened in Loan Market Group?
In this episode of TaxLand, Fletch and Sarah talk about the recent decision in Loan Market Group Pty Ltd v Chief Commissioner of State Revenue [2024] NSWSC 390 that dealt with the relevant contract provisions in the context of mortgage brokers. We also look at what consequences that may have for medical practices.
Podcast: TaxLand with Fletch and Sarah – 2024 tax time – getting your trust resolutions right before 30 June
In this episode of TaxLand with Fletch and Sarah, we welcome our very first special guest, Linda Tapiolas, who will join us on a journey through the issues you need to consider to get your trust resolutions right.
Podcast: TaxLand with Fletch and Sarah – 2024 tax time – tax issues for testamentary trusts and deceased estates
In this episode of TaxLand, Fletch Heinemann and Sarah Lancaster discuss tax issues for deceased estates and testamentary trusts, including the Commissioner’s discretion to tax testamentary trusts and deceased estates under section 99 rather than section 99A. Travel to TaxLand with us to learn more.
Podcast: TaxLand with Fletch and Sarah – 2024 tax time – are trust distributions to your adult kids subject to section 100A?
In this episode of TaxLand with Fletch and Sarah, we travel through the rocky terrain of what constitutes an ‘ordinary family or commercial dealing’ and five negatives in section 100A. Are your distributions to adult children at university or retired grandparents going to stand up to scrutiny?