We are here to keep you informed and are always here to help.
9 August 2017
You may, with quite good reason, think that legislation titled Foreign Resident Capital Gains Withholding Regime does not apply to you. Following changes on 1 July, if you are about to buy or sell Australian property you may need to think again.
8 December 2016
The Baumgartner Group is delighted to announce the launch of Baumgartner Financial Services (BFS). This new service offering marks a strategic step forward for our firm as we continue to expand and strengthen our professional capabilities and services.
From 1 July 2016, purchasers and vendors of real property in Australia have had to consider whether a new 10% withholding tax regime applies. We have summarised the key points to be aware of when buying or selling property.
New laws have now been passed which make extensive changes to the superannuation rules. They contain a number of valuable planning opportunities and impose new restrictions that are important to be aware of.
28 November 2016
We are excited to announce that Baumgartners has joined a global association of professional firms, Alliott Group, to broaden the service offering for our internationally focused clients. Here is the Alliott Group press release announcing our affiliation.
23 September 2016
The government recently abandoned its proposed $500,000 lifetime limit on certain superannuation contributions. New rules are planned from 1 July 2017, with a limited window remaining to make contributions under the rules currently in place.
4 May 2016
We have reviewed the announcements in last night’s federal budget and present our list of 10 changes we believe are most relevant to small business and investors.
24 March 2016
We would like to announce the retirement of Katrina Foster as a partner in our tax and business services team from 1 July 2016.
23 March 2016
The ‘sharing economy’ (also referred to as collaborative consumption) is a new way of connecting buyers (‘users’) and sellers (‘providers’) for economic activity. There are a number of tax tips and traps to be aware of.
15 March 2016
Not all not-for-profit entities are exempt from income tax. However, even where no general exemption is available, certain income may still be free of income tax under the principle of mutuality.