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The proposed 30 per cent minimum tax on discretionary trusts will generally catch testamentary trusts, with relief only for qualifying income. We explain the exclusion, the 1 July 2028 beneficiary restriction and what will-makers should consider now.
The High Court has, by a majority, confirmed the New South Wales Court of Appeal’s view that payments made to Uber drivers are deemed to be wages for payroll tax purposes under the relevant contract provisions.
Can the title of a Xero entry indicate a loan agreement capable of recovery by a liquidator?
This article focuses on the recent case of Crispino (in his capacity as liquidator of Sky High Panels Pty Ltd) & ors v Kiparoglou [2026] VSC 80 where this was a central issue.
In the case of Grow Surge Pty Ltd (in liq) v Riverida Pty Ltd (in liq) [2026] FCA 974, the Federal Court upheld proofs of debts submitted with respect to a series of earlier payments from the plaintiff to the defendant without any explanation.
On 29 October 2026 Sladen Legal lodged a submission with the inquiry by the Senate Economics Legislation Committee on the Treasury Laws Amendment (Tax Reform No. 3) Bill 2026 and Income Tax Rates Amendment (Minimum Tax on Discretionary Trusts) Bill 2026 concerning the proposed minimum tax on discretionary trusts that was introduced to the Federal Parliament on 14 October 2026.
ASIC has announced its first prosecution for creditor-defeating dispositions in contravention of section 588GAC(1) of the Corporations Act in a case that also alleges criminal misuse of position and inducement of incomplete testimony.
Can an adult child who earns their own income still receive superannuation death benefits tax free? In a recent private binding ruling, the ATO said yes. An adult child who worked, received JobSeeker Payment and received family trust distributions was still found to be financially dependent on her late parent, because she relied on the parent's regular support to maintain her normal standard of living. That made her a death benefits dependant, so the death benefit was received tax free.
On 6 October 2026, Justice Lee of the Federal Court of Australia found that RAMS Financial Group, a franchisor wholly owned by Westpac, breached its contractual and Franchising Code obligations to act in good faith when it ended a mortgage broking franchise in Fairfield, Sydney.