Tax

David Gelb, Partner comments on the R&D Tax Incentive Bill

Australian businesses carrying out R&D activity will be disadvantaged by the proposed government legislation.

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A cautionary tale: the Cobra Effect and other lesser known taxes

One fundamental problem with taxation is that it can promote behaviours that undermine the base which one is seeking to tax. Sometimes, those behaviours can even be counter-productive.

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The Regional Comprehensive Economic Partnership – what happened and what’s next?

All trade deals are challenging, but the current global geopolitical climate means the Regional Comprehensive Economic Partnership is more challenging than others.

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The importance of a Unified Approach on tax and the digitalised economy

Achieving global consensus on changes to the international tax system and digital economy would be a considerable prize.

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Do you understand the interaction between private health insurance and the tax you pay?

The choice to purchase or abstain from private health insurance can have significant tax implications. Follow three taxpayers to understand how you can avoid owing money to the tax office.

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KPMG responds to tax cuts

The immediate tax relief of stage one will put money in the hands of those who will spend.

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Legislation to deny non-residents CGT main residence exemption not proceeding

Australian expatriates can now rest easy, at least for the time being, as the Bill proposing changes to the capital gains tax (CGT) main residence exemption has now lapsed.

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Technology the key to lighten worldwide VAT compliance load

It is instructive to learn from other countries’ systems and experiences in most fields. Indirect tax and its compliance costs are no different.

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Be prepared – a good maxim for PAYG employees at tax time

It’s time to get your tax return sorted, and crucially, to ensure you pay the right amount of tax.

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“No new taxes on Superannuation”. Self-managed funds hope for stability

To regain trust and stability in the superannuation industry, a long term view needs to be taken.

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Franking credits: government still needs to offset revenue losses

What was lost in much of the election discussion around the removal of the refund of franking credits for individuals and superannuation funds, was the tax policy issue that is trying to be addressed.

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Personal tax cuts the centrepiece but a gender lens would be welcome #budget2019

The centrepiece of the Budget is the personal tax cuts – and it is welcome, given sluggish wage growth to see action for both lower and middle earners.

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Expat tax compliance in 2019: staying ahead of the changes

While it seems the absurdity of the outside world is on the rise I am comforted by the slow and steady march that tax takes into the future.

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