Get answers to complex tax questions in seconds — Lawg reasons across legislation, rulings, and case law, with every response backed by verifiable primary sources.
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Unlike generic AI, Lawg provides verifiable citations to original documents.
Lawg understands the structure of Australian law with knowledge graph relationships.
Ask Lawg about Division 7A, CGT concessions, trust distributions, FBT, GST, or any Australian tax matter.
From Division 7A to SMSF caps — every answer cited to legislation, ATO rulings, and case law.
Division 7A of ITAA 1936 treats unrepaid loans from private companies to shareholders (or their associates) as unfranked dividends unless a complying loan agreement is in place. Lawg researches s.109D, current benchmark interest rates, and ATO guidance, and drafts the compliant loan agreement.
The four CGT small business concessions in Subdivision 152 require passing the basic conditions: $6 million net asset value test or $2 million aggregated turnover test, the active asset test, and (where relevant) significant individual or 90% control tests. Lawg walks you through each step with the relevant ATO TRs and case law.
GST treatment depends on whether the supply is a taxable supply, GST-free (going concern, farmland), or input-taxed (residential premises). Margin scheme eligibility under Div 75 and adjustments at settlement under GSTR 2006/9 are common pitfalls — Lawg surfaces the right ruling for your fact pattern.
Car fringe benefits use either the statutory formula method (s.9 FBTAA) at 20% of the base value, or the operating cost method (s.10 FBTAA) using a logbook. Lawg compares both methods, applies the current FBT rate and gross-up factors, and explains the recent electric vehicle exemption.
Capital gains and franked dividends can be streamed to specific beneficiaries when the trust deed permits and the trustee makes valid resolutions before 30 June. Lawg checks resolution requirements, applies TR 2012/D1, and identifies streaming risks under s.100A.
Concessional cap (currently $30,000) and non-concessional cap ($120,000) interact with the bring-forward rule for members under 75 and the total super balance threshold. Lawg checks the latest indexed thresholds, carry-forward unused concessional cap eligibility, and excess contribution consequences.
Find out why accountants and tax practitioners across Australia are choosing Lawg for their research.
