Erika Corsino

ATO Officeholder Data-matching The ATO will acquire officeholder data from various sources, including ASIC, the Office of the Registrar of Indigenous Corporations, the Australian Charities and Not-for-profits Commission, and the Australian Business Registry Service. The data collection will span from the 2024 to 2027 income years and will include: It is estimated that records relating […]

Planning to sell your home after relocating from Australia? Be cautious! If you’ve lived in Australia for years and own a home here, it’s important to understand the tax implications if you sell after becoming a foreign resident for tax purposes. Key Points to Consider: However, if you sign the contract while still an Australian

Did you know that while Australia doesn’t offer joint tax filing for married couples, your spouse’s income still plays a role in your individual tax assessment? Understanding who qualifies as a spouse under tax law can impact your financial obligations and entitlements. For example, your eligibility for the private health insurance rebate and your liability

With nearly one in three marriages ending in divorce—and numerous de facto relationships breaking down—the capital gains tax (CGT) roll-over provisions for “marriage and relationship breakdowns” have gained increasing significance. These provisions allow for the roll-over of any capital gain on the transfer of assets between separating parties, ensuring there is no immediate CGT liability.