Blaze Acumen Chartered Accountants

Read our latest client alert regarding the ATO’s focus on holiday homes.

No.108: ATO Issues Draft Guidance on Holiday Homes and Rental Deductions — What You Should Know - Blaze Acumen Author: Daniel Bolzonello, Partner 5/12/2025 Background The ATO has recently released the following draft taxation ruling and practical compliance guideline that may affect those who own holiday homes or rental properties that are also used privately: TR 2025/D1 Income tax: rental property income an...

Great to see volunteers from Blaze Acumen getting involved in community work with It’s the Little Things Community. Fantastic effort to make so many home cooked meals for those doing it tough and in need of support.

Read our latest Client Alert on the Decision in Federal Commissioner of Taxation v Bendel where the ATO lost its appeal seeking to argue that an unpaid beneficiary entitlement owing to a company was a loan for the purposes of the deemed dividend provisions.

No.104: Federal Court rules against ATO in tax case regarding Unpaid Present Entitlements owing to company beneficiaries - Blaze Acumen Author: Brett Jackson, Tax Partner 24/02/2025 On 19 February 2025, the Federal Court ruled in favour of the taxpayer in Commissioner of Taxation v Bendel [2025] FCAFC 15. The case heard by the Federal Court was an appeal against an earlier decision by the Administrative Appeals Tribunal where a comp...

Read our latest update on changes to Victoria‘s vacant residential land tax here:

No.103: Vacant Residential Land Tax (Victoria) - Blaze Acumen The purpose of this Client Alert is to provide an update on developments and changes to the Vacant Residential Land Tax (“VRLT”) rules since our client alert on the topic which was issued in February 2024. You can find that earlier client alert here. The State Taxation Further Amendment Act 2024...