Posts Tagged "EOFY"
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Significant Changes to Foreign Resident Capital Gains Withholding (FRCGW)
Posted on June 25th, 2025 by WLFWritten By Aneesh Chopra – AccountantAs we approach 30 June 2025, it’s important to be aware of significant changes to the Foreign Resident Capital Gains Withholding (FRCGW) regime that took effect on 1 January 2025.
At WLF, we are dedicated to keeping you informed and prepared for these updates.
Overview of FRCGW
Since 1 July 2016 the FRCGW regime has required purchasers of certain Australian real property and related interests to withhold an amount from the proceeds and remit it to the ATO when the property is acquired from a foreign resident vendor. This withh… -
Last Minute End of Financial Year Tips
Posted on June 27th, 2016 by WLFAnother financial year is about to finish! As a business owner, there are many obligations that you need to consider and action just before and just after 30 June. Some of these will help to minimise your tax. We know you are busy so here’s some action points below to assist you.
Date
Action RequiredBEFORE 30 June 2016
Ensure your employee superannuation payments are received and allocated by your employees’ super fund prior to 30 June 2016 to ensure a tax deduction for this year. Any payments made between 1 July 2016 and 28 July 2016 will count to…