The ATO has sharpened its stance on Early Stage Innovation Company (ESIC) investments, confirming that some schemes marketed under the ESIC framework may breach Part IVA — the general anti-avoidance rule in the tax law.
Blog by NextGen iQ
In Quy and Commissioner of Taxation [2025] ARTA 174, the Administrative Review Tribunal (ART) reaffirmed a key point that regularly trips up expats and mobile professionals:
"Just because you live and work overseas doesn’t mean you’ve stopped being a tax resident of Australia".
Starting 1 April 2025, around 3,500 small businesses will be moved from quarterly to monthly GST reporting — not by choice, but by directive.
FBT season just got a little more manageable.
As of 1 April 2024 (i.e. for the 2025 FBT year), the ATO has introduced new flexibility around how employers can meet their documentation obligations — especially for benefits like travel, meals, and car-related claims.
The Federal Court has weighed in once again on the meaning of "employee" for superannuation guarantee (SG) purposes — and it’s clear the line between employee and contractor isn’t just legal, it’s functional.
In Commissioner of Taxation v Hatfield Plumbing Pty Ltd (Trustee) [2025] FCA 182, ...
In what might be one of the most relatable FBT issues for suburban and regional employers, the Federal Court has handed down its decision in Toowoomba Regional Council v Commissioner of Taxation [2025] FCA 161. The question? Is a shopping centre car park a “commercial parking station” for fringe ben...
That’s exactly what was at stake in Tabcorp Maxgaming Holdings Ltd v Commissioner of Taxation [2025] FCA 115. The taxpayer argued that the end of a gaming licence created a deductible financial arrangement under Division 230. The Federal Court disagreed — and in doing so, reminded us that Division 2...
One of the more technical updates this month involved capital gains tax (CGT) rollover relief under Division 615 — specifically, whether a restructure that already qualifies for rollover can also trigger a cost base step-up via tax consolidation.
Let’s be honest — Division 7A has never been light reading. And just when we start to feel comfortable navigating the usual repayment options, TD 2025/D2 lands in our inbox, reminding us that the waters run deeper than we thought.
We’ve been keeping an eye on the Division 7A debate for years, and April’s tax update served a firm reminder that this is far from settled. The Full Federal Court has now unanimously ruled against the ATO in Commissioner of Taxation v Bendel, concluding that an unpaid present entitlement (UPE) to a ...
