Guide to leases for business owners
Guide to leases for business owners: Avoiding legal traps created by COVID-19 By Scott McKenzie, Emma Milne and Andrew Henshaw, Velocity Legal The Upshot This is a challenging time. Many business owners are in damage control, dealing with the loss of revenue, supply...
Commissioner wins in Eichmann appeal
Commissioner wins in Eichmann appeal Insights by Rosalind Li Commissioner wins in Eichmann appeal: Federal Court tightens the screws on the ‘Active Asset’ Test Published in the Thomson Reuters Weekly Tax Bulletin (23 January 2020) The small business CGT concessions...
Denying the CGT Main Residence Exemption to ‘Aussie Expats’
PODCAST: Denying the CGT Main Residence Exemption to ‘Aussie Expats’ By Andrew Henshaw, Director and Patrick Simon, Law Graduate, Velocity Legal Adapting to the new rules, and why ‘tax residency’ is now even more important than ever. Close to three years since they...
PODCAST: Main Residence Exemption for Foreign Residents
PODCAST: Main Residence Exemption for Foreign Residents Insights by Andrew Henshaw The main residence exemption for foreign residents used to be easy. Once you got it, you didn’t lose it for at last 6 years – and even indefinitely as long as you didn’t rent it out....
PODCAST:Main Residence Exemption Upon Divorce or Death
PODCAST: Main Residence Exemption Upon Divorce or Death Insights by Andrew Henshaw The main residence exemption upon divorce or death can get tricky. How exactly does the exemption apply when owners divorce or die? Click the link below to listen in. VIEW FULL ARTICLE...
Victorian SRO awakens
Victorian SRO awakens – drops ‘practical approach’ to applying foreign purchaser additional duty for discretionary trusts By Rajan Verma and Andrew Henshaw, Directors, Velocity Legal Subjecting discretionary trusts that have little real connection to...
PODCAST: AIRBNB TRIGGERS CGT
PODCAST: AirBnB triggers CGT Insights by Andrew Henshaw How does renting your home on AirBnB affect the CGT Main Residence exemption? Click the link below to listen in. VIEW FULL ARTICLE Insight Authors… ANDREW HENSHAW Director Andrew leads Velocity Legal’s...
NSW Discretionary Trusts: Still time to act to avoid retrospective additional duty and land tax surcharges
NSW Discretionary Trusts: Still time to act to avoid retrospective additional duty and land tax surcharges Insights by Andrew Henshaw NSW Discretionary Trusts: Still time to act to avoid retrospective additional duty and land tax surcharges On 22 October 2019, the New...