We are here to keep you informed and are always here to help.
27 March 2025
Whilst the budget included some relatively minor and unexpected income tax cuts for individuals, and a major boost to ATO tax anti-avoidance resourcing, it offered very little in the way of tax changes and no meaningful reform.
25 March 2025
We explain the recent ART decision on the longstanding GST rule that a taxpayer was not entitled to input tax credits if the “4 year rule” for claiming is not met.
28 January 2025
The article highlights a private ruling win for a horse breeding trust, with the ATO recognising its operations as a business for tax and GST purposes due to strong business indicators.
19 December 2024
There are many hidden income tax, GST and FBT traps to be aware of in relation to hosting Christmas parties and providing gifts or other entertainment to staff and clients. We set out the key rules.
Read how to stay safe over the break and enjoy a secure and scam-free Christmas and New Year!
18 December 2024
Owners of residential land in Victoria should now review their landholdings and ensure that they take the necessary actions to apply for an exemption or declare their vacant properties to the SRO.
9 October 2024
The 2024 Paid Parental Leave Amendment adds a 12% super contribution starting July 2025, promoting retirement savings equity for primary caregivers.
7 October 2024
This article provides overseas investors with a high-level analysis of key tax and structuring considerations for investing here.
30 August 2024
The ATO continues to target taxpayers with significant "lifestyle assets" like thoroughbred horses through a data-matching program, acquiring insurance data from 2023-24 to 2025-26 to identify potential tax compliance issues.
3 July 2024
Baumgartners is excited to announce the appointment of Glenn Brewster, a Certified Practising Accountant with over 20 years of experience, as a new Partner effective 1 July 2024.
