We are here to keep you informed and are always here to help.
15 May 2025
This article highlights a significant case in which a farmer successfully demonstrated that the sale of farmland for subdivision was on capital account, thereby avoiding capital gains tax due to the property's pre-CGT acquisition.
27 March 2025
Whilst the budget included some relatively minor and unexpected income tax cuts for individuals, and a major boost to ATO tax anti-avoidance resourcing, it offered very little in the way of tax changes and no meaningful reform.
25 March 2025
We explain the recent ART decision on the longstanding GST rule that a taxpayer was not entitled to input tax credits if the “4 year rule” for claiming is not met.
25 February 2025
Baumgartners recently participated in the Alliott Global Alliance® 2025 ANZAC Conference, held in Sydney.
28 January 2025
The article highlights a private ruling win for a horse breeding trust, with the ATO recognising its operations as a business for tax and GST purposes due to strong business indicators.
19 December 2024
There are many hidden income tax, GST and FBT traps to be aware of in relation to hosting Christmas parties and providing gifts or other entertainment to staff and clients. We set out the key rules.
Read how to stay safe over the break and enjoy a secure and scam-free Christmas and New Year!
18 December 2024
Owners of residential land in Victoria should now review their landholdings and ensure that they take the necessary actions to apply for an exemption or declare their vacant properties to the SRO.
27 November 2024
Baumgartners joined accountants and lawyers from 37 countries in Vietnam for the 2024 Alliott Global Alliance Conference. The event brought together professionals to explore innovative strategies, share insights and strengthen global connections.
9 October 2024
The 2024 Paid Parental Leave Amendment adds a 12% super contribution starting July 2025, promoting retirement savings equity for primary caregivers.
