There was a lot of commentary and discussion around the introduction of the new trust tax rate of 39% in Budget 2023 but not so well publicised is the impact on distributions of beneficiary income to companies and the resulting tax treatment.
The trend of bright-line rule changes continued in the Budget day tax Bill with further changes to the exemption for a main home during the construction phase.
Could this be the final say on the saga relating to GST on the disposal of a dwelling used partly to make taxable supplies?
Valuations
We can assist with valuation of businesses and shares to support shreholder transactions, merger and acquisition activities and relationsihp property matters.
