Tax Talks
A podcast dedicated to Australian tax news and developments. Produced by Velocity Legal Pty Ltd, it offers commentary on tax law changes, compliance issues, and practical insights for taxpayers and professionals. Each episode aims to keep listeners informed on the latest in Australian taxation.
Episodes
July Updates
Episode 4 of Tax Talks sees Andrew Henshaw and Rajan Verma joined by Stacey Zuluaga to unpack the major tax developments from July 2026.
The discussion begins with the commencement of Payday Super and the expanded Anti-Money Laundering (AML) regime, exploring the practical impact on accountants and small businesses, including cash flow pressures, compliance processes, client onboarding and the gro
June Updates
In Episode 3 of Tax Talks, Andrew Henshaw, Rajan Verma and special guest Nick Schaeffer (Partner, PGP Consulting) unpack the biggest Australian tax developments affecting accountants, advisers and business owners. Topics include the High Court's landmark Bendel decision on Division 7A and unpaid present entitlements (UPEs), the latest Federal Budget tax measures, Victoria's updated trust duty guid
May Updates
May was one of the biggest months for tax in recent memory.
In Episode 2 of Tax Talks, hosts Andrew Henshaw and Rajan Verrma are joined by Anthony Tripolino from Tripolino Accountants to unpack the Federal Budget and the significant tax measures that have sparked widespread discussion across the profession.
The episode explores the proposed capital gains tax reforms, changes to negative gearing, t
April Updates
In this first episode of Tax Talks, Rajan Verma and Andrew Henshaw review the key Australian tax developments from April 2026.
They discuss possible changes to the 50% CGT discount, proposed amendments to foreign resident CGT rules, the new $1,000 work-related deduction, and recent cases across FBT, property development, home office deductions and Division 7A. The episode also covers ATO guidance
A New Chapter For Tax Talks
Tax Talks enters a new phase.
In this pilot episode, the new hosts are joined by Tax Talks creator Heide Robson to introduce the direction of the podcast and what listeners can expect going forward. The focus remains clear: delivering practical, technically sound tax insights for accountants, advisers and business owners operating in an increasingly complex environment.
440 | Family Law Property Settlement Part 2
Here are eight useful lessons about family law property settlements. Mortgages, loan agreements and trusts might protect you less than you think.
439 | Family Law Property Settlement Part 1
When your clients separate from their partners, you are usually involved in some shape or form. Your divorcing clients will probably ask you to provide financial statements, copies of tax returns and copies of the relevant ITA and ICA accounts in the ATO portal. And ask you a ton of questions, especially about their position in the family law property settlements.
438 | Subdiv EA and s100A
So this is our last episode about the Bendel Case and Subdiv EA.
437 | Subdiv EA and Beyond
In this episode, let’s walk through seven questions with Andrew Henshaw of Velocity Legal about Subdiv EA and beyond.
436 | The Bendel Case Part 2
In 'The Bendel Case Part 2' - not the most creative title we ever came up with - we will drill deeper into what The Bendel Case means for you.
435 | The Bendel Case Part 1
The Bendel Case shapes up to be the ATO’s Waterloo – a crushing defeat to the position the ATO took in TR 2010/3.
434 | Item 17 Ministerial Determination
Item 17 makes it very easy for legislators to quickly add new rules to the Professional Code for Tax Agents through a Ministerial Determination.
433 | Dob-In Rules for Tax agents
In this episode, Andrew Henshaw will walk you through the changes to the TASA 2009 and discuss the new Dob-In Rules for tax agents with you.
432 | PSI Examples in PCG 2024/D2
There are many PSI examples in PCG 2024/D2, but all are pretty black and white.
431 | PSI in PCG 2024/D2
The four PSB tests no longer protect PSI from the PSI rules. Instead, PCG 2024/D2 drags Part IVA back onto the stage.
430 | Test Individual in a Family Trust Election
When you look at family trusts, everything rotates around the Test Individual. They are the stick in the sand.
429 | FTE Questions
When you work with private clients the question of a Family Trust Election almost always comes up. But you need to be careful. A family trust election can be dangerous and cost you a lot of tax, ie. Family Trust Distribution Tax. Unlike normal income tax, the amendment periods don’t apply to Family Trust Distribution Tax, so the ATO can still hit your client decades later with FTDT. Hence, it is r
428 | NDIS Registration Part 2
This is part 2 of our talk about NDIS registration with Astrid Rivalland and Helen Young of LegalVision in Sydney. Please listen first to part 1 in episode 427.
427 | NDIS Registration Part 1
Your NDIS registration can indirectly influence your GST exemption. Hence, this episode about the ins and outs of NDIS registrations.
426 | Charitable Sub-fund Arrangements
In this final episode of our three-part mini-series about charities, we discuss Charitable Sub-Fund Arrangements with Darren Fittler of Gilbert + Tobin in Sydney, Melbourne and Perth.
425 | PAF v PuAF
PAF v PuAF - what is the difference between the two?
424 | How to Structure a Charity
As accountants, we work with individuals, companies, trusts partnerships and any combination of those. That is what we are familiar with.
But if a client came to you to set up a charity, would you know how to structure this?
423 | Identity Verification
Identity verification of clients is strongly recommended by the TPB, but not yet mandatory.
422 | Employee Share Option Plans (ESOP)
Employee Share Option Plans - or ESOPs - give you an option to receive a share. That option might vest in the future, or it might not. Hence, taxation occurs only at the vesting point. Or in other words: The taxation point is at the point of vesting.
421 | Employee Share Plans (ESP)
Employee Share Plans (ESP) give you shares without any strings attached. They are taxed upfront.
420 | PSI in TR 2022/3 - Steps 7 to 9
PSI in TR 2022/3 - steps 7 to 9 is about the employees test, business premises test as well as ATO PSI Determinations and of course the special agent rules.
419 | PSI in TR 2022/3 - Steps 5 and 6
PSI in TR 2022/3 - Steps 5 and 6: Nine steps to work out the taxation of PSI - here we cover the 80% hurdle and the unrelated clients test.
418 | PSI in TR 2022/3 – Step 1 to 4
When you try to work out a PSI issue, it can get a bit confusing. So, it helps to put all this into a proper process.
417 | How Sky Accountants Grew to 5m
Jamie Johns grew his firm to an annual turnover of $5m heading towards $10m. As a mentor at Wize Mentoring he has a unique view into what helps us grow.
416 | How AI Boosts Your SMSF Processing
How AI boosts your SMSF processing - the challenge is to know what your software is capable of.
415 | How Staff Benefits Helped StriveX to Grow
In this episode, let’s speak with Rachel Harris about what StriveX does to really woo their staff and really look after them and how that contributed to their amazing growth.
414 | How Social Media Helped StriveX to Grow
How social media helped StriveX to grow and how they manage to get so many referrals.
413 | How StriveX Grew from 50k to 1m in 3.5 Years
StriveX grew from 50k to 1m in 3.5 years - here is how they did it.
412 | Pipeline Walkthrough with Prime Partners
In this episode, you will hear from James Carey of Prime Partners in Sydney how they built their app stack.
411 | Amendment Period Changes
So far you could assume a 2-year amendment period for most SMEs. Not anymore. Here is what the update of Regulations 2015 change for you.
410 | Foreign Trusts and Companies
In this episode, we ask Bradley Murphy and Darren Catherall of Murphy Tax in Sydney six questions about foreign trusts and companies.
409 | Assessment of the Trustee
When we talk about trust distributions, we always mention the possible assessment of the trustee. Especially when a trust distribution goes wrong, But what does that actually look like?
408 | s99B Carve Outs
s99B Carve-outs are your way out. They protect you from s99B ITAA 1936.
407 | s99B ITAA 1936
s99B ITAA 1936 is about foreign trusts paying accumulated income to Australian resident beneficiaries. Take away one of these elements, and you don't have a s99B issue.
406 | UPE To Company: The Bendel Case
From 2009 until October 2023, a UPE to a company was always a Div 7A issue. Not anymore. As Andrew Henshaw of Velocity Legal in Melbourne will tell you.
405 | Hubspot for Accountants
Hubspot for accountants - does that really work? Can Hubspot give us what we as accountants and tax agents need to run our practice?
404 | CRMs for Accountants
In this episode we will talk with Nathan Reiche of Content Chemistry about CRMs for Accountants.
403 | Div 6E Income
Div 6E income is relevant when your trust income includes capital gains and/or franked distributions. Then Div 6E will avoid double taxation.
402 | Trust Loss Allocation
The 1884 Upton v Brown court case is of great importance in taxation. It involved Upton and Brown, beneficiaries of a discretionary trust, where one had income rights and the other controlled the trust's capital.
Update 35 | s100A Pain Points
There are many s100A pain points - let's cover five in this update.
401 | Trust Loss Questions
Let's go to the very start and look at trust income. Because we need to understand trust income before we can talk about trust losses.
400 | Foreign Trust Example
The theory around foreign trusts is confusing. So in this episode let's use a New Zealand trust as a foreign trust example.
399 | Foreign Trusts
Foreign trusts are not an issue per se. Nor are resident trusts. It really depends. But if you do have a foreign trust, watch out for s99B ITAA 1936. That is a really dangerous one.
398 | Asset Protection Trust
An asset protection trust (aka equity split) does not give you 100% protection but it helps. Each layer you use increases your protection from creditors.
397 | Asset Protection Layers
Asset protection layers can get pierced through. None is watertight. But the more layers you have, the more protected you are.
396 | Asset Protection Silos
Asset protection silos are to ringfence the assets of one business from the creditors of another.
395 | Transfer Pricing Examples
Here are five transfer pricing examples that cover common transfer pricing issues.
394 | TP Reasonably Arguable Position
A reasonably arguable position - a so-called 'RAP' - is essential to protect you from penalties and interest for incorrect transfer pricing.
393 | Electronic Signature Questions
All electronic signature questions you ever wanted to know you find in this episode of Tax Talks. Please listen in.
392 | Legislative Framework of Electronic Signatures
The legislative framework of electronic signatures is confusing - to say the least.
391 | Child Support Lump Sum Payments
Child support lump sum payments are often favoured by mothers and might improve the relationship between parents.
390 | Child Support Non Agency Payments
Child support non-agency payments are payments to third parties credited to a child support liability.
Update 34 | s100A B Blood and Guardian case
The two s100A B Blood and Guardian cases cover some very specific scenarios. And not common examples.
Update 33 | Updated s100A TR and PCG
Updated s100A TR and PCG - get the updated review of ATO's approach to s100 issues. Avoid reimbursement arrangements.
389 | TR 98/4 Situations 4 and 5
TR 98/4 situations 4 and 5 are about non-arm's length income and arrangements.
388 | TR 98/4 Child Maintenance Trust Arrangements
TR 98/4 is about child maintenance trust arrangements. It lists five scenarios where the CMT does not qualify for excepted income.
387 B | Child Maintenance Trust Income
Child maintenance trust income - this is the second part of our interview about the excepted income in child maintenance trusts.
387 A | CMT Excepted Income
CMT excepted income is what a child maintenance trust is all about. If you don't have excepted income, then there is little point in having a CMT.
386 | The System of Agreement
How is an electronic signature safer than a wet signature? When and why do we still need a witness? And what are the elements of a System of Agreement?
These are just some of the questions we will cover today with Jennifer Lauchlan and Marcus Hannah of Docusign.
385 | Simplified Transfer Pricing Record Keeping
You have seven options to qualify for the simplified transfer pricing record keeping as outlined in PCG 2017/2.
384 | Transfer Pricing
Transfer pricing is an issue whenever you deal with an associated entity overseas.
383 | Pipeline Walk Through with Taxopedia
Let’s look at what Taxopedia’s pipeline looks like from the first lead contact to the signing of tax returns. What apps do they use and how do they use them?
382 | Small Business Litigation Funding
Small business litigation funding sounds great but the devil is in the detail. There will be a substantial funding gap. Who pays that gap?
381 | Bitcoin is Not a Currency
Bitcoin is not a currency - at least that is what the AAT says in Seribu Pty Ltd v CoT in 2020.
380 | In the Black Accounting
'In the Black accounting' covers the final three concepts in the book 'In the Black'.
379 | In the Black Production
'In the Black Marketing' - the title of this episode - covers the medium and long-term marketing principles outlined in Allen Bostrom's book 'In the Black".
378 | In the Black Marketing
'In the Black Marketing' - the title of this episode - covers the medium and long-term marketing principles outlined in Allen Bostrom's book 'In the Black".
377 | Nothing Happens Until There is a Sale
Nothing happens until there is a sale’. That is the first concept - the first of nine - in Roger Knecht’s book ‘In the Black”. In this book, Roger Knecht outlines nine principles to make your practice more profitable.
376 | Non-Commercial Loss Provisions for Partnerships
The non-commercial loss provisions for partnerships are no different from the ones applying to sole traders. There are just some additional rules that apply.
375 | Late Payment of Super
Late payment of super has always been a problem but now with Single Touch Payroll, it has become a much bigger problem, especially the late payment of super for director wages.
374 | Registered Share Capital
The ASIC portal lists the registered share capital for each company. It lists the class of shares as well as their payment status. In this episode, Damien Lehmann of Lehmann Law Group will walk you through the intricacies of registered share capital.
373 | Child Support Subpoena
A child support subpoena issued by the child support agency or the court poses a risk for the paying parent.
372 | PSI in Child Support Assessments
PSI in child support assessments is tricky. Even when you pass the PSI rules and have a PSB, the agency can override this.
371 | 4P Framework
The 4P framework is a helpful tool to work out how to grow your accounting practice.
370 | Repricing
Repricing existing clients is one of the hardest things to do when growing your firm.
