22/07/2026
The State Revenue Office of Victoria (SRO) has released Revenue Ruling DA-070 to address when assumed tax liabilities form part of the consideration for a transfer of land. The ruling takes effect from 17 August 2026. Key principle Under the Duties Act 2000 (Vic), duty is charged on the dutiable value of property, defined as […]
21/07/2026
Together with Westpac, we are pleased to invite you to our FedBud 2026 follow-up webinar series ‘Keep Calm and Listen to Your Accountant’. Following the Federal Budget announcement, SW and Westpac have partnered to deliver a series of practical sessions designed to help individuals and businesses understand the proposed tax changes and their potential implications. […]
14/07/2026
In a significant shift in foreign investor taxation policy, the New South Wales Government has enacted legislation providing relief from foreign purchaser surcharge duty for certain build-to-rent (BTR) and retirement village projects. The measures form part of the Government’s broader housing supply strategy and are intended to encourage institutional investment in long-term rental accommodation and […]
29/06/2026
SW Accountants & Advisors (SW) has announced three senior appointments to its Assurance & Advisory division effective 1 July 2026. Rondy Cheng has been appointed to the partnership, recognising his significant contribution to the firm over almost 10 years. Adam Christou and Anthony Hodgkinson join SW from Protiviti, a globally recognised consulting firm specialising in […]
25/06/2026
The Federal Government has announced that discretionary testamentary trusts established for genuine testamentary purposes will be exempt from the proposed 30% minimum tax. For discretionary testamentary trusts established on or after 1 July 2028, the exclusion will only apply to trusts that can only benefit individuals and income tax exempt entities. What is considered ‘genuine […]
25/06/2026
SW Accountants & Advisors has raised more than $126,000 in support of the 2026 Vinnies CEO Sleepout, marking another significant contribution to Vinnies’ work supporting Australians experiencing homelessness. This year’s result forms part of SW’s long-standing commitment to the CEO Sleepout, with the firm raising more than $630,000 over the past 10 years. Across that […]
24/06/2026
Significant changes to Australia’s AML/CTF regime will directly impact the real estate and property sector from 1 July 2026. While these reforms have been building for some time, recent enforcement activity highlights the consequences of getting it wrong. What this means for you If your business is involved in property transactions or related advisory services, […]
23/06/2026
From 1 July 2026, Payday Super will be in force. Employers must pay super at the same time as salary and wages, replacing the previous quarterly regime. Contributions must be received by the employee’s super fund within 7 business days of payday. With Payday Super commencing on 1 July 2026, employers have limited time to […]
18/06/2026
On 10 June 2026, the ATO released draft ruling GSTR 2026/D1 (‘the ruling’) which is intended to replace GSTR 2017/1. The draft ruling provides updated guidance on determining when an overseas supplier is making cross-border supplies of services, digital products, or rights to an ‘Australian consumer’ and, therefore, making supplies connected with Australia for GST […]
17/06/2026
Following our earlier analysis of draft Taxation Determination TD 2025/D3, the Australian Taxation Office (ATO) has now finalised its guidance with the release of Taxation Determination TD 2026/3. The determination confirms the ATO’s view on when an ancillary fund ‘provides’ a benefit and provides further clarification on the role of legally binding commitments when assessing […]