• no image Migration Law Seminars: February and March 2016

    Lester Ong is pleased to be presenting the following migration law seminars/workshops. Go to the relevant links below for more information or to book your place. Migration Institute of Australia – WA Members’ Mentoring Meeting // 22 February 2016 The pop...

    Read more
  • no image Cloning Around: The New Small Business Roll-over

    Late last year the Federal Government released an Exposure Draft of legislation which will, if and when enacted, introduce a new Subdivision 328-G, titled “Restructures of Small Businesses” into the Income Tax Assessment Act 1997. It provides for a roll-ov...

    Read more
  • no image Order Restored: Ahmad’s Right To Appeal 457 Visa Refusal

    Imagine this scenario: you are an overseas national. You are offered employment by an Australian employer who is also prepared to sponsor and nominate you for a 457 visa. You are obviously happy with this opportunity to remain in Australia, work for an employe...

    Read more
  • no image ATO to Get Tougher on Related Party Loans to SMSF’s

    In late 2015, the ATO announced that it expected to see all related party loans to SMSF’s to be on arm’s length terms. Expected compliance is by 30 June 2016. This is a very significant reversal of previous ATO views, and the steps to take are far to...

    Read more
  • no image Tax Incentives for Start-Ups and Early Stage Investors

    Among the more concrete initiatives in the Prime Minister’s National Innovation and Science Agenda released on 7 December 2015 (“Agenda”) are changes to the tax law to: increase access to company carry-forward losses; make Venture Capital Limited...

    Read more
  • no image Employee Share Scheme Changes: Equity Incentives

    On 30 June last year, the Tax and Superannuation Laws Amendment (Employee Share Schemes) Act 2015 received Royal Assent, retracting many of the 2009 changes to employee share scheme (ESS) interests, such as the inability to defer the taxing point on options un...

    Read more