Published on 15 Feb 13
by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE
This paper reviews a number of the practical problems, related to income tax and CGT, that all practitioners need to be aware and consider, including:
- we all know about the income/capital distinction but, in practice, when can taxpayers claim capital treatment?
- claiming the Div 152 small business concessions in connection with real property developments?
- joint venture issues (including using unit trusts to hold & develop real property)
- capital works/depreciable assets/fixtures.
Simon is a tax consulting partner at Bentleys SA. Simon provides specialist taxation advice with a focus on clients in the SME & International market. Simon regularly provides advice on tax aspects of deals, structuring and restructuring groups with a particular focus on tax consolidation and CGT outcomes.
Simon has over 23 years experience in public practice and with the ATO and is a regular contributor to the Taxation Institute and other relevant bodies.
- Current at
11 December 2020