Tax Talks

263 | In Connection With Your Retirement

11 Oct 2020

Contributed by Lukas

Qualifying for the 15 year exemption depends on you passing the 'in connection with your retirement' hurdle. As Andrew Henshaw of Velocity Legal in Sy...

UPDATE 23 | The Budget

07 Oct 2020

Contributed by Lukas

Here are the 10 most important tax concessions announced on budget night 6 October 2020.

262 | Declaring a Dividend

05 Oct 2020

Contributed by Lukas

Declaring a dividend happens in 5 steps. Here is Paul Mackenroth of Cleary Hoare to walk you through the five steps.

261 | How To Avoid s109T

27 Sep 2020

Contributed by Lukas

s109T is an issue when the recipient of a Div 7A loan isn't a shareholder but minimum yearly repayments are financed via a dividend.

UPDATE 22 | Eichmann Decision

24 Sep 2020

Contributed by Lukas

The Full Federal Court has overturned the Federal Court's Eichmann Decision. Here is Andrew Henshaw of Velocity Legal in Melbourne with more.

260 | Div 7A Dividends

20 Sep 2020

Contributed by Lukas

To offset a dividend with Div 7A loan repayments, the key issue is timing as Robyn Jacobson of The Tax Institute will tell you in this episode. 

259 | The Eichmann Case

13 Sep 2020

Contributed by Lukas

The Eichmann case asked two important questions. And changed the active asset test forever. Andrew Henshaw of Velocity Legal in Sydney will give you t...

258 | Tech Stack

08 Sep 2020

Contributed by Lukas

Your tech stack can be a waste of money or can propel you to the next level. Aly Garrett of All In Advisory will tell us how she designed her tech sta...

257 | Find a Niche and They Will Come

07 Sep 2020

Contributed by Lukas

Finding a niche and growing a community in that niche will allow you to exponentially grow, as Aly Garrett of All In Advisory in Adelaide will tell yo...

256 | Retirement Villages

30 Aug 2020

Contributed by Lukas

Retirement villages come with long and confusing contracts in tow. Here is John Saunders of the Pittwater Partnership with some insights.

255 | Family Provision Claims

24 Aug 2020

Contributed by Lukas

Here is Paul Mackenroth of Cleary Hoare about what happened with the family provision claim in the Marsella case and how to avoid it.

254 | SMSF Trustee Discretion

16 Aug 2020

Contributed by Lukas

The Marsella case changed forever how SMSF trustee discretion is exercised. Here is Paul Mackenroth of Cleary Hoare with more.

UPDATE 21 | Jobkeeper 2.1

13 Aug 2020

Contributed by Lukas

Andrew Henshaw of Velocity Legal in Sydney through with you in this episodes what changed since Jobkeeper 2.0 was announced. 

253 | Pre-CGT Company Assets After Death

10 Aug 2020

Contributed by Lukas

What happens to pre-CGT company assets at the death of the original shareholder? Here is Paul Mackenroth of Cleary Hoare with the answer.

252 | Special Disability Trusts

09 Aug 2020

Contributed by Lukas

What is a special disability trust? What can or can’t it do? And why would you set one up? Here is John Saunders of the Pittwater Partnership with s...

251 | The Cost of Marketing

03 Aug 2020

Contributed by Lukas

How much does it actually cost to build you a proper funnel that brings you clients? Nathan Watt of Watson & Watt kindly shares with you what he paid ...

250 | Lead Funnel for Accountants

02 Aug 2020

Contributed by Lukas

In this episode Nathan Watt of Watson & Watt will tell you how he designed his lead funnel and grew to 100 client groups within 3 years.

249 | How to Design Your Website

27 Jul 2020

Contributed by Lukas

In this episode Melissa Donnelly of Affinity Communications shares 12 insights about website design that you can apply to your own website.

UPDATE 20 | Jobkeeper Changes

25 Jul 2020

Contributed by Lukas

What happens after 27 September 2020? Andrew Henshaw of Velocity Legal in Sydney will walk you through the coming Jobkeeper changes.

UPDATE 19 | COVID-19 Restructuring

23 Jul 2020

Contributed by Lukas

The current COVID-19 crisis might make more businesses eligible for the small business CGT concessions. Andrew Henshaw of Velocity Legal in Sydney sha...

248 | Land Tax

19 Jul 2020

Contributed by Lukas

Who pays how much land tax on what? What should a business buying commercial property consider? These are just some of the questions we ask Geoff Stei...

247 | Bucket or Holding Company

12 Jul 2020

Contributed by Lukas

Bucket company to the side or interposed holding company? Here is Geoff Stein of Brown Wright Stein Lawyers with some insights.

UPDATE 18 | COVID-19 Debt Hibernation

06 Jul 2020

Contributed by Lukas

COVID-19 debt hibernation: All debts put into a box and locked up until 24 September 2020. Here is Ben Sewell of Sewell & Kettle with more.

UPDATE 17 | COVID-19 Tenancy Law

05 Jul 2020

Contributed by Lukas

COVID-19 tenancy law is fuzzy, so it all comes down to negotiation or - if you can't agree - the tribunals, as Ben Sewell of Sewell & Kettle will tell...

UPDATE 16 | COVID-19 Insolvency Law

02 Jul 2020

Contributed by Lukas

COVID-19 insolvency law is to help you survive. To get through this crisis alive. Here is Ben Sewell of Sewell & Kettle with the details.

246 | Accounting Expo Tours

28 Jun 2020

Contributed by Lukas

Accounting expo tours are a new idea and a good one. Here are Amy Holdsworth and Ian Walker of Clarity Street with more.

245 | Peripheral Apps for Accountants

21 Jun 2020

Contributed by Lukas

What apps you would put around this core for your accounting practice? Amy Holdsworth and Ian Walker of Clarity Street will try and give you an answer...

244 | Core Apps for Accountants

16 Jun 2020

Contributed by Lukas

Your core apps for accountants sit at the centre of your accounting practice. Everything else revolves around them. Here are Amy Holdsworth and Ian Wa...

243 | How To Run an Offshore Team

08 Jun 2020

Contributed by Lukas

How to run an offshore team? Nick Sinclair of TOA Global will look at how to actually run your overseas team. 

242 | Insights of an Offshoring Provider

02 Jun 2020

Contributed by Lukas

What options do you have and what does it cost? Here is Nick Sinclair of TOA Global with some insights.

UPDATE 15 | COVID-19 Payroll Tax Relief

02 Jun 2020

Contributed by Lukas

COVID-19 payroll tax relief will save you money. Andrew Fricot of Payroll Tax Solutions will tell you how much.

241 | Marketing Hacks

26 May 2020

Contributed by Lukas

Cherry pick from the big end of town.  Here is Melissa Donnelly of Affinity Communications with 5 marketing hacks to learn from the big guys.

240 | Content and How To Deliver It

25 May 2020

Contributed by Lukas

How to create killer content and deliver it. Here are 12 tips from Melissa Donnelly of Affinity Communications to do just that.

239 | Content Marketing

17 May 2020

Contributed by Lukas

Content marketing is a marathon. So choose a channel you enjoy. Here is Melissa Donnelly of Affinity Communications with some insights.

238 | Converting Conversations into Clients

12 May 2020

Contributed by Lukas

Converting conversations into clients takes skill. Some of us find it easy. Most of us find it the hardest part of it all. We ask Melissa Donnelly of ...

UPDATE 14 | Jobkeeper Rulings

11 May 2020

Contributed by Lukas

There are three new Jobkeeper rulings - PCG 2020/4, PSLA 2020/1 and LCR 2020/1. Here is Andrew Henshaw of Velocity Legal with the details.

UPDATE 13 | COVID-19 Contract Law

02 May 2020

Contributed by Lukas

What happens to contract law during COVID-19? Here is Geoff Stein of Brown Wright Stein Lawyers in Sydney with some insights.

UPDATE 12 | COVID-19 Employment Law

29 Apr 2020

Contributed by Lukas

Things have become more flexible under COVID-19. In this episode Ben Thompson of Employment Hero will tell you how.

UPDATE 11 | Employment Law Before COVID-19

27 Apr 2020

Contributed by Lukas

What did employment law before COVID-19 look like? Here is Damien Gooden of HR Central with some insights.

UPDATE 10 | JobKeeper Alternative Test

24 Apr 2020

Contributed by Lukas

The JobKeeper alternative test might be the lifeline you need if you fail the primary test. Here is Andrew Henshaw of Velocity Legal with more.

UPDATE 9 | Commercial Tenancies Code

20 Apr 2020

Contributed by Lukas

The Commercial Tenancies Code might be the lifeline you need. It will hopefully make you stronger when negotiating with your landlord while you can’...

UPDATE 8 | Jobkeeper Rules

18 Apr 2020

Contributed by Lukas

In this episode Andrew Henshaw of Velocity Legal in Sydney will walk you through the Jobkeeper rules and answer a long list of questions.

UPDATE 7 | COVID-19 Stimulus Review

15 Apr 2020

Contributed by Lukas

Treasury has now published more details of the rules around the jobkeeper payment. Here is Bob Deutsch, senior counsel of the Tax Institute, with the ...

UPDATE 6 | Jobkeeper Payment

09 Apr 2020

Contributed by Lukas

The jobkeeper payment will cost us an estimated A$130 billion over the next 6 months. How do you get your fair share of it? To find an answer, we spok...

UPDATE 5 | Cash Flow Boost

05 Apr 2020

Contributed by Lukas

There are 7 conditions you need to meet to qualify for the cash flow boost. Andrew Henshaw of Velocity Legal will go through these today.

UPDATE 4 | Super COVID-19 Measures

31 Mar 2020

Contributed by Lukas

There are 4 super measures coming or already implemented that will affect your super. Here is Liam Shorte of Verante Financial Planning with more

237 | Marketing Strategy and Execution

30 Mar 2020

Contributed by Lukas

Marketing strategy and execution need to go together. One without the other is a Nothing - either a waste of paper or pointless action.

UPDATE 3 | Cash Boost

29 Mar 2020

Contributed by Lukas

In this episode today Andrew Henshaw of Velocity Legal will drill deeper into certain aspects of the cash boost, which are very important and I urge y...

UPDATE 2 | COVID-19 Stimulus Bill

26 Mar 2020

Contributed by Lukas

The federal COVID-19 stimulus bill is now law. Bob Deutsch will tell you how to calculate the cash boost - very different to what we all thought.

236 | Why should I engage with you?

23 Mar 2020

Contributed by Lukas

Why should I engage with you? This is a constant question in your clients' mind. Here is Melissa Donnelly with more.

235 | Property and Tax

22 Mar 2020

Contributed by Lukas

What are the most current changes around property and tax? Here is Bob Deutsch of The Tax Institute with some insights.

UPDATE 1 | Federal COVID-19 Stimulus

18 Mar 2020

Contributed by Lukas

The federal government accounted the first federal COVID-19 Stimulus Package no 12 March 2020. This episode is to go through the measures announced.

234 | US Individual Tax Return (Form 1040)

17 Mar 2020

Contributed by Lukas

How do you 'read' an US individual tax return for Australian tax purposes? This is the question we asked Seth Hertz of Expat US Tax.

233 | US v Australian Tax for Individuals

16 Mar 2020

Contributed by Lukas

US v Australian tax for individuals - how is US tax different from Australian tax and vice versa? Here is Seth Hertz with some insights.

232 | US Tax For Individuals

15 Mar 2020

Contributed by Lukas

US citizens living in Australia are taxed on their worldwide income in Australia but also in the US. Here is Seth Hertz of Expat US Tax with more.

231 | App Integration

10 Mar 2020

Contributed by Lukas

App integration is about getting apps to talk to each other. But, what does it actually mean when an app integrates with another app? This is the ques...

230 | App Ecosystem

09 Mar 2020

Contributed by Lukas

What should your app ecosystem look like? Here are Jeffrey Atizado of SMB Consultants and Clinton Cowin of TradiePad with some insights.

229 | Insights of Cloud Integrators

08 Mar 2020

Contributed by Lukas

Clinton Cowin of TradiePad and Jeffrey Atizado of SMB Consultants share their insights as cloud integrators.

228 | International Tax Update

03 Mar 2020

Contributed by Lukas

What are the three biggest issues around international tax at the moment? Here is Bob Deutsch with some thoughts.

227 | Cum-Ex Scandal

02 Mar 2020

Contributed by Lukas

If somebody offered you a way to claim your franking credits twice, would you do it? You might hesitate, but many European banks didn't.

226 | AFR Top 100 Accounting Firms

01 Mar 2020

Contributed by Lukas

The AFR Top 100 Accounting Firms list makes an interesting read. Here is our interview with the AFR Professional services editor, Edmund Tadros.

225 | Ask an SMSF Expert

25 Feb 2020

Contributed by Lukas

Kathy Evans, in this episode, discusses pension and lump sum payments, deductibility of SMSF expenses as well as the SMSF look up.

224 | Why an SMSF

24 Feb 2020

Contributed by Lukas

Why an SMSF? In this episode Kathy Evans of Findex in Albury/Wondonga will list 15 factors to consider.

223 | LRBA Safe Harbour Rules

23 Feb 2020

Contributed by Lukas

You don't have to follow the LRBA safe harbour rules. But many do. Kathy Evans of Findex will walk you through the 7 safe harbour rules listed in PCG ...

222 | Main Residence Exemption for Foreign Residents

18 Feb 2020

Contributed by Lukas

The main residence exemption for foreign residents is changing as Andrew Henshaw of Velocity Legal will tell you in this episode.

221 | Main Residence Exemption Upon Divorce or Death

17 Feb 2020

Contributed by Lukas

What happens to the main residence exemption upon divorce or death? Andrew Henshaw of Velocity Legal in Sydney will give you the answer.

220 | AirBnB Triggers CGT

16 Feb 2020

Contributed by Lukas

Doing AirBnb triggers CGT when you sell your home. Here is Andrew Henshaw of Velocity Legal in Sydney with more.

219 | How To Sell Your Practice

11 Feb 2020

Contributed by Lukas

Matthew Taylor, business broker for accounting practices, shares 9 tips about how to sell your practice.

218 | DIY Sale of Accounting Practices

10 Feb 2020

Contributed by Lukas

Matthew Taylor will tell you why the DIY sale of accounting practices is fraught with danger.

217 | How to Choose a Buyer

09 Feb 2020

Contributed by Lukas

It takes a lifetime to build a practice. But just a few months to run it into the ground. So choosing the right buyer is crucial as Matthew Taylor wil...

216 | Family Allowance Agreement

04 Feb 2020

Contributed by Lukas

A family allowance agreement might save your family a lot of money. Grant Abbott of Lightyear Docs and I love SMSF will tell you more.

215 | Excess Concessional Contributions

03 Feb 2020

Contributed by Lukas

Excess concessional contributions can work to your advantage. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.

214 | Appointor

02 Feb 2020

Contributed by Lukas

The appointor has the power to appoint and remove a trustee. Here is Grant Abbott of Lightyear Docs and I love SMSF with more.

213 | Top 10 Podcasts for Australian Accountants

17 Dec 2019

Contributed by Lukas

Let these Top 10 Podcasts for Accountants in 2020 inspire you. No podcast has THE answer. So give these 10 a go - you will be glad you did.

212 | Foreign Investment Review Board

16 Dec 2019

Contributed by Lukas

The Foreign Investment Review Board is to protect Australia's national interests. Here is Simon Dorevitch of A & A Tax Legal Consulting with more.

211 | Leading Member

15 Dec 2019

Contributed by Lukas

Having a leading member is to avoid a stalemate between members and create a clear line of succession. Here is Grant Abbott of Lightyear Docs with mor...

210 | Asset Protection

10 Dec 2019

Contributed by Lukas

The more assets, the more asset protection you need. Here is Geoff Stein of Brown Wright Stein Lawyers in Sydney with more.

209 | SEO Basics

09 Dec 2019

Contributed by Lukas

SEO is all about your target clients finding your content on page 1 of Google. Rand Fiskin of SparkToro and previously Moz will tell you how.

208 | SMSF Depreciation

08 Dec 2019

Contributed by Lukas

An SMSF can claim Div 43, 40 and anything under $300 assuming it doesn't run a business. Here is Scott Brunsdon of Depreciator.com.au with more.

207 | Electronic Distribution Platforms

03 Dec 2019

Contributed by Lukas

Electronic distribution platforms like eBay, Amazon or Netflix may now be responsible for the collection of GST. Here is Simon Dorevitch with more.

206 | Pricing

02 Dec 2019

Contributed by Lukas

The secret in pricing is not in the WHAT but in the HOW. Here is Ed Chan of WIZE Mentoring and Chan & Naylor with more.

205 | Why the Partnership Model Doesn't Work

01 Dec 2019

Contributed by Lukas

The partnership model doesn't work since it relies on people and not on systems. Here is Ed Chan of Wize Mentoring and Chan & Naylor with more.

204 | How To Find and Retain Great Staff

26 Nov 2019

Contributed by Lukas

To find and retain great staff start with the blueprint. Here is Ed Chan of WIZE Mentoring and Chan & Naylor with more.

203 | More About Buying Parcels of Fees

25 Nov 2019

Contributed by Lukas

Buying parcels of fees gets easier with time - the more often you do it, the easier it gets. In this episode Ed Chan will delve deeper and answer some...

202 | Buy A Parcel of Fees

24 Nov 2019

Contributed by Lukas

If you want to buy a parcel of fees, how do you do it? And why should you? Here is Ed Chan of Wize Mentoring and Chan & Naylor with the answer.  

201 | Marketing

19 Nov 2019

Contributed by Lukas

This episode with Ed Chan of WIZE Mentoring will look at the marketing of accounting practices by using one firm as an example - Chan & Naylor.

200 | Ideal Team Structure

18 Nov 2019

Contributed by Lukas

In the last episode Ed Chan of Wize Mentoring and Chan & Naylor spoke about separating production and communication traffic to improve efficiencies. I...

199 | Team Structure

17 Nov 2019

Contributed by Lukas

Your firm's success depends on finding the right team structure for your accounting and tax practice. Ed Chan of Wize Mentoring will tell you more.

198 | The Three Pillars of Growth

12 Nov 2019

Contributed by Lukas

In 2013 Chan & Naylor lifted its revenue by 42.8% to $18.6m by focusing on three pillars of growth. Ed Chan will tell you more.

197 | Netflix Tax

11 Nov 2019

Contributed by Lukas

In this episode Simon Dorevitch of A & A Tax Legal Consulting in Melbourne will tell you how the so-called Netflix tax actually works.

196 | How to Generate More Revenue

10 Nov 2019

Contributed by Lukas

Growing your practice is not a spectator sport. DO - don’t just talk. Here is Alistair Marshall in Sydney with more.

195 | How To Generate Revenue

05 Nov 2019

Contributed by Lukas

Your practice survival depends on you being able to find and attract clients. Alistair Marshall will share five insights with you in this episode.

194 | Low Value Imported Goods

04 Nov 2019

Contributed by Lukas

Low value imported goods used to be exempt from GST. Not any more. Simon Dorevitch of A & A Tax Legal Consulting will tell you how this changed and wh...

193 | Downsizer Contributions

03 Nov 2019

Contributed by Lukas

Downsizer contributions are turning out to be more popular than many thought - including us. To learn more, we asked Daniel Mikhail of Partners Wealth...

192 | Managed Funds

29 Oct 2019

Contributed by Lukas

Managed funds have become household names. But how exactly do they work? Here is Daniel Mikhail of Partners Wealth Group with some answers.

191 | Wrap and Managed Accounts

28 Oct 2019

Contributed by Lukas

Most of your wealthy clients will hold some wrap and managed accounts. Daniel Mikhail of Partners Wealth Group in Sydney will walk you through the ins...

190 | Taxable Importations

27 Oct 2019

Contributed by Lukas

You pay GST on taxable importations but get it back if a creditable importation. Here is Simon Dorevitch with more.

189 | Tax Effective Structuring

22 Oct 2019

Contributed by Lukas

Tax effective structuring is not a one-size-fits all. There are different criteria to consider. Andrew Henshaw of Velocity Legal in Sydney will walk y...

188 | Related Party LRBA

21 Oct 2019

Contributed by Lukas

How to set up a related party LRBA without triggering a dividend? Andrew Henshaw of Velocity Legal in Sydney will give you the answer.

187 | SMSF Buys Property Jointly

20 Oct 2019

Contributed by Lukas

How exactly does this work when an SMSF buys property jointly as tenants in common? Andrew Henshaw of Velocity Legal in Sydney has the answer.