Binding Death Benefit Nominations
What happens to a member's superannuation funds when they die? One way the member can control this is by having a valid and effective Binding Death Benefit Nomination. Self Managed Superannuation Funds have a good deal of flexibility in how such nominations are made. But there is a downside. The nomination may not be effective.
The "New" Part IVA
The "new" Part IVA has been operative since November 2012. As this is the general anti-avoidance provision of the Australian income tax law, all tax advisers need a working knowledge of how it operates. But do we know how it will be interpreted by the courts? How will the ATO apply Part IVA now?
Subdivision and Development of a Main Residence Property
The value of real estate in Australia continues to rise and rise. It has become very popular to subdivide or otherwise develop a person's main residence. There's no tax - right? Very often - wrong! Download this paper, at no cost, and read about the numerous complexities and pitfalls of this area of taxation law.