Celebrity Wills and Tax Problems: Lessons for Australians
Famous Wills and Tax Lessons – 2025 Update When a celebrity dies, their estate often makes as many headlines as their career did. What the public rarely sees, however, is the tax mess left behind. Poor planning, outdated wills, or no wills at all can create enormous liabilities — and those tax burdens are not […]
Recognised by Doyle’s Guide 2020–2025
Tax Lawyers – Recogised as a Leading Tax Law Firm in Western Australia 2020–2025 We are proud to announce that Tax Lawyers has once again been recognised by Doyle’s Guide as one of Western Australia’s leading tax law firms, with listings spanning each consecutive year from 2020 through to 2025, including: Leading Tax Law Firm […]
GST Refund Fraud – What Perth Taxpayers Need to Know
ATO Targets GST Refund Fraud in WA The Australian Taxation Office (ATO) is increasing its crackdown on GST refund frauds, with several high-profile investigations already underway in Perth and across Western Australia. Working with the Serious Financial Crime Taskforce and Australian Federal Police (AFP), the ATO has executed multiple search warrants, and a recent case […]
Protecting Perth property against Bankruptcy & Insolvency
Facing bankruptcy or insolvency in Perth can be overwhelming. Understanding how the Bankruptcy Act 1966 (Cth) interacts with property rights in Western Australia is crucial if you want to know what assets you can keep and what creditors may claim. 1. Bankruptcy in Australia – The Basics When a person is declared bankrupt in Australia, […]
ATO Director Penalty Notices on the Rise in 2025
The Australian Taxation Office (ATO) has significantly increased its debt recovery efforts in 2025, particularly targeting businesses with overdue tax liabilities. Where a company is unable to pay its tax debts, the ATO is now more frequently pursuing directors personally under the Director Penalty Notice (DPN) regime. Directors must take proactive steps to understand their […]
Tax on West Australian Expats Living in Bali
Living as a West Australian expat in Bali comes with its own set of tax obligations that one must be aware of to ensure compliance and avoid any potential confusion. It’s essential for expats in Bali to have a clear understanding of their tax responsibilities to navigate the tax system effectively. For West Australian expats […]
Tax Implications of Refinancing Perth Investment Properties
When considering the tax implications of refinancing an investment property in Australia, it is crucial for property owners to understand the associated financial impacts. By gaining clarity on the tax considerations related to this decision, investors can make well-informed choices to potentially optimize their financial outcomes. In this comprehensive discussion, we will delve into the […]
ATO targeting unlisted SMSF assets
Close to 1.15 million Australians are currently managing their retirement savings through one of the nation’s 616,400 self-managed super funds (SMSFs). The total net assets held by these SMSFs have reached a significant milestone, standing at an impressive $896 billion collectively. The recent surge in the number of SMSFs has not gone unnoticed by the […]
Ways to Relinquish Your Australian Tax Residency
For individuals residing abroad or contemplating such a move, the Australian tax implications are a significant aspect to consider. Even as an expatriate, you may have obligations to report your income to the Australian Taxation Office (ATO). Understanding your tax residency status is crucial to effectively leverage potential tax advantages when transitioning to life in […]
Updating your Trust Deeds in 2025?
Amending a trust deed is a complex process requiring meticulous planning, thorough consideration, and intentional execution. Many unforeseen and undesirable outcomes can result from an improperly executed amendment, potentially leading to the resettlement of the trust. This guide will explore the key considerations necessary when amending a trust deed and discuss the potential consequences of […]