Lawg researches the law, spots adjacent issues, drafts the memo, and joins the client meeting. One platform, four capabilities, every output backed by verifiable primary sources.
Try Lawg NowEvery answer, memo, client letter, and consultation workflow carries a visible chain of evidence back to legislation, rulings, and case law.
Research answers, memos, and client letters carry citations back to legislation, rulings, and case law.
Ask about CGT and Lawg can flag related PSI, GST, and Division 7A implications based on the fact pattern.
Research a Division 7A issue, draft the advice memo, generate the client letter, and support the client meeting with real-time cues.
From Division 7A to SMSF caps — research, issue spotting, advice drafting, and consultation support, all cited to primary sources.
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, flags related trust distribution and CGT issues, and drafts the advice memo with compliant loan agreement guidance, ready for client review.
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, spots adjacent PSI and GST implications, and drafts a client letter summarising the eligibility analysis.
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 reasons across GST, CGT, and stamp duty implications, then drafts a file note with the analysis.
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, explains the EV exemption, and generates a tax advice memo comparing both approaches for your client.
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, spots s.100A reimbursement risks, detects Division 7A adjacent issues, and drafts a client letter outlining the streaming strategy.
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 eligibility, excess contribution consequences, and generates a research summary ready for your next SMSF client meeting.
Accountants and tax practitioners across Australia use Lawg for their daily research, drafting, and client meetings.
