Tax Time Monthly: October Edition 2017

In this month’s edition of Tax Time Monthly, Hall Chadwick looks at last month’s Bills to:

  • Limit deduction claims for travel and depreciation on residential properties
  • Impose a vacancy fee for foreign owners of residential real estate
  • Implement the First Home Super Saver Scheme
  • Allow contributions for eligible homeowners over 65

  • In Focus: Preferences and PPSR/Retention of Title Claims

    This issue explores a decision of the Federal Court in 2016 Hussain v CSR Building Products Ltd in the matter of FPJ Group Pty Ltd (in Liquidation) [2016] FCA 392 (“the Reasons”) amongst other things considered the relationship between the PPSR Act and Part 5.7B Corporations Act 2001 which prescribes that certain transactions entered into between a company and third parties in the period before liquidation of that company may be voidable as against the Liquidator of that company.