Advanced Monthly Tax Update - October 2023

This month’s advanced monthly tax update covers:

• Quick updates, including:

  • Continuation of Wealth Extraction case study from last month’s update

  • New federal and state legislation

  • Updates from state revenue authorities

• Case updates

  • Bendel - Division 7A and Unpaid Beneficiary Entitlements (UPEs)

  • MJH Trading Trust - Dividend stripping

  • Frontlink - Victorian land tax

  • Woodsman - Victorian landholder duty

  • Colaciello - Illegal SMSF loans

  • Halkett - Accounting for JobKeeper

• Specialist deep dives

  • Employee vs contractor update

  • Self-education expenses

Date recorded: 18 October 2023