News - Westcourt

GST margin scheme for property developers: eligibility, calculation and whether it is worth it

Learn 09.10.2026

GST margin scheme for property developers: eligibility, calculation and whether it is worth it

The margin scheme is not simply an election to pay less GST. Your acquisition history decides whether it is available at all. The applicable rule decides where the margin starts. And the commercial comparison must include prices, credits and funding before anyone knows whether it is the cheaper answer.

GST for Perth property developers: what to check before signing

Learn 02.10.2026

GST for Perth property developers: what to check before signing

If you’re a property developer, the GST on your developments can make the difference between a profitable project or one that loses money.

Farm Succession Tax Traps: Livestock, Trust Entitlements, GST and WA Duty

Learn 25.09.2026

Farm Succession Tax Traps: Livestock, Trust Entitlements, GST and WA Duty

Livestock is trading stock. If you sell the livestock as part of a restructure, it is treated as a sale at market value under section 70-90. For Glenmore's ewes, lambs, rams and wethers, that substitutes approximately $5 million of market-value proceeds. Compared with the $1.1 million tax value, that can create an additional taxable uplift of roughly $3.9 million while the sheep remain in the same paddocks and no external cash is received.

Moving a Farming Business into a Company: Which Tax Rollover Fits?

Learn 18.09.2026

Moving a Farming Business into a Company: Which Tax Rollover Fits?

Moving the farm into a company sounds like one transfer. The tax law sees several. Land is a CGT asset. Grain and standing crops are trading stock. Machinery sits under the depreciation rules. The $4 million land debt has to be traced to the asset it funded. A concession that solves one asset may do nothing for the next.

Has Your Farming Business Outgrown Its Structure?

Learn 11.09.2026

Has Your Farming Business Outgrown Its Structure?

How loan-funded employee share plans work for Perth private companies: valuation, financial assistance, Division 7A sequencing, FBT, franking and exits.

Employee Equity, Management Buy-Ins and Succession Plans for Perth Private Companies

Learn 04.09.2026

Employee Equity, Management Buy-Ins and Succession Plans for Perth Private Companies

There are three main ways a Perth private company gives key people a real stake: the start-up tax concessions for younger companies, the loan-funded buy-in for established ones, and a set of alternatives for founders, contractors and family offices. Which one fits depends on your company's age, size and ownership, and every one of them is decided on the day the documents are signed.

Alternative Equity Incentives for Perth Private Groups: When the Standard Schemes Don’t Fit

Learn 28.08.2026

Alternative Equity Incentives for Perth Private Groups: When the Standard Schemes Don’t Fit

Founders over the 10% ownership limit, companies that have outgrown the start-up tax rules, key people on an invoice rather than a payslip, and family offices all need equity structures outside the standard schemes. This article compares the alternatives and the principal trap in each.

Loan-Funded Staff Buy-Ins for Perth Private Companies

Learn 21.08.2026

Loan-Funded Staff Buy-Ins for Perth Private Companies

How loan-funded employee share plans work for Perth private companies: valuation, financial assistance, Division 7A sequencing, FBT, franking and exits.

Start-Up Employee Share Schemes for Perth Companies

Learn 14.08.2026

Start-Up Employee Share Schemes for Perth Companies

How qualifying Perth start-ups can give employees shares or options with tax deferred until sale, and the eligibility and valuation traps to check first.

Surviving an ATO Review of a Foreign Trust Distribution

Learn 10.07.2026

Surviving an ATO Review of a Foreign Trust Distribution

What the ATO expects in a section 99B review: records, the burden of proof, low-risk compliance approaches, transferor trust rules, and trust residency traps.

Section 99B: What Part of a Foreign Trust Distribution Is Taxed

Learn 03.07.2026

Section 99B: What Part of a Foreign Trust Distribution Is Taxed

How section 99B tracing works: corpus, the hypothetical resident test, pre-CGT assets, and why a loss-making asset can still be taxed. Worked examples.

Overseas Inheritance Tax Australia: Section 99B and Foreign Trusts

Learn 26.06.2026

Overseas Inheritance Tax Australia: Section 99B and Foreign Trusts

Australian residents can face tax under section 99B when money or property comes from a foreign trust or estate. Learn what is taxed, what is excluded, and what records you need before a distribution is made.

Get In Touch

Connect with our team today

Contact Westcourt today and speak to a specialist private business advisor

Comments

This field is for validation purposes and should be left unchanged.

Full Name*(Required)

Email*(Required)

Phone*(Required)

Company

What Are You Enquiring About?

What Is Your Message?*(Required)

icon scroll to top