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The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 (Bill) has been passed by Parliament. The Bill overhauls Australia’s anti-money laundering and counter-terrorism financing regime, and extends the regime to certain 'high-risk' services provided by lawyers, accountants, trust and company service providers, real estate professionals, and dealers in precious metals and stones.
Read MoreA recent case in New South Wales has highlighted an important payroll tax risk for businesses operating through related companies. The decision in Chief Commissioner of State Revenue v E Group Security Pty Ltd (No 2) [2022] NSWCA 259 demonstrates how arrangements within corporate groups can trigger payroll tax liabilities under the Payroll Tax Act 2007 (NSW).
Read MoreBoth the Federal and NSW Governments have now passed laws in support of their stimulus packages to address the economic impact of the COVID-19 pandemic. The laws provides substantial measures for small and medium enterprises including..
Read MoreThe NSW Government has proposed amendments to foreign person duty and land tax surcharges for discretionary trusts that may require trustees to amend their trusts deeds prior to 31 December 2019.
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