Shows
TaxBanter Pty Ltd.Episode 70: Denying tax deductions for ATO interest chargesIn this episode of Tax Yak, Tiffany Douglas chats with colleague George Housakos, senior tax trainer at TaxBanter, about a significant issue facing the tax profession from 1 July 2025: taxpayers will no longer be able to claim an income tax deduction for ATO interest charges.
George is a CPA and brings over 25 years of tax expertise, including 20 years at the Australian Taxation Office where he specialised in disputes and interpretative advice. He also has substantial experience in training and assessment within the TAFE sector. George is well known for his practical and pragmatic approach to providing taxation and...2025-07-1838 min
TaxBanter Pty Ltd.Episode 70: Denying tax deductions for ATO interest chargesIn this episode of Tax Yak, Tiffany Douglas chats with colleague George Housakos, senior tax trainer at TaxBanter, about a significant issue facing the tax profession from 1 July 2025: taxpayers will no longer be able to claim an income tax deduction for ATO interest charges.2025-07-1138 minTaxBanter Pty Ltd.Episode 69: Beyond Bendel: When is a UPE not a loan?In this episode of TaxYak, our Senior Tax Trainers Phillip London and George Housakos yak with Arthur Athanasiou, Tax Partner at Thomson Geer. They take a deep dive into the burning issues resulting from the Full Federal Court’s 3:0 decision in favour of the taxpayer in FCT v Bendel issued on 19 February 2025, where an Unpaid Present Entitlement (UPE) was found not to be a loan for the purposes of Division 7A Income Tax Assessment Act (ITAA) 1936.
For example:
Taxpayer strategies for UPEs for year ending 2024
Taxpayer strategies for UPEs for year ending 2025
What’s next (Special Leav...2025-03-2854 min
TaxBanter Pty Ltd.Episode 69: Beyond Bendel: When is a UPE not a loan?In this episode of TaxYak, our Senior Tax Trainers Phillip London and George Housakos yak with Arthur Athanasiou, Tax Partner at Thomson Geer. They take a deep dive into the burning issues resulting from the Full Federal Court’s 3:0 decision in favour of the taxpayer in FCT v Bendel issued on 19 February 2025, where an Unpaid Present Entitlement (UPE) was found not to be a loan for the purposes of Division 7A Income Tax Assessment Act (ITAA) 1936.
For example:
Taxpayer strategies for UPEs for year ending 2024
Taxpayer strategies for UPEs for year ending 2025
What’s next (Special Leav...2025-03-2854 minTaxBanter Pty Ltd.Episode 68: Navigating Small Business RestructuresIn the highly anticipated final instalment of our three-part Tax Yak podcast series, George Housakos sits down once again with Nicholas Giasoumi, Director at Dye & Co., to shed light on small business restructures in 2024.
With a focus on eligibility and practical application, this episode dives into the complexities of restructuring options for small businesses. Whether you’re facing financial uncertainty or looking to take proactive steps to safeguard your business, Nicholas offers clear, actionable advice to guide you through the process.
Here’s what you’ll learn:
The key eligibility criteria for small business restru...2025-01-1621 minTaxBanter Pty Ltd.Episode 68: Navigating Small Business RestructuresIn the highly anticipated final instalment of our three-part Tax Yak podcast series, George Housakos sits down once again with Nicholas Giasoumi, Director at Dye & Co., to shed light on small business restructures in 2024.
With a focus on eligibility and practical application, this episode dives into the complexities of restructuring options for small businesses. Whether you’re facing financial uncertainty or looking to take proactive steps to safeguard your business, Nicholas offers clear, actionable advice to guide you through the process.
Here’s what you’ll learn:
The key eligibility criteria for small business restru...2025-01-1621 minTaxBanter Pty Ltd.Navigating Small Business RestructuresIn the highly anticipated final instalment of our three-part Tax Yak podcast series, George Housakos sits down once again with Nicholas Giasoumi, Director at Dye & Co., to shed light on small business restructures in 2024.With a focus on eligibility and practical application, this episode dives into the complexities of restructuring options for small businesses. Whether you’re facing financial uncertainty or looking to take proactive steps to safeguard your business, Nicholas offers clear, actionable advice to guide you through the process.Here’s what you’ll learn:2025-01-1621 minTaxBanter Pty Ltd.Episode 67: Bankruptcy Essentials & Small Business RestructuresIn this episode of Tax Yak, George Housakos sits down with Nicholas Giasoumi, a seasoned chartered accountant, registered liquidator, and trustee in bankruptcy, to demystify the complex world of bankruptcy. This is the second instalment in our three-part series with Nicholas.
In Episode 66, we explored ATO-issued notices such as Director Penalty Notices, Statutory Demands, and more.
Now, in Episode 67, Nicholas addresses the burning question: Will I lose my house if I declare bankruptcy? Topics include:
What happens to mortgaged houses
Equity considerations
Joint ownership and its implications
Trustee actions regarding personal property and partner...2024-12-1220 minTaxBanter Pty Ltd.Episode 67: Bankruptcy Essentials & Small Business RestructuresIn this episode of Tax Yak, George Housakos sits down with Nicholas Giasoumi, a seasoned chartered accountant, registered liquidator, and trustee in bankruptcy, to demystify the complex world of bankruptcy. This is the second instalment in our three-part series with Nicholas.
In Episode 66, we explored ATO-issued notices such as Director Penalty Notices, Statutory Demands, and more.
Now, in Episode 67, Nicholas addresses the burning question: Will I lose my house if I declare bankruptcy? Topics include:
What happens to mortgaged houses
Equity considerations
Joint ownership and its implications
Trustee actions regarding personal property and partner...2024-12-1220 minTaxBanter Pty Ltd.Episode 67: Bankruptcy Essentials & Small Business RestructuresIn this episode of Tax Yak, George Housakos sits down with Nicholas Giasoumi, a seasoned chartered accountant, registered liquidator, and trustee in bankruptcy, to demystify the complex world of bankruptcy. This is the second instalment in our three-part series with Nicholas.2024-12-1142 minTaxBanter Pty Ltd.Tax Yak Episode 66: Responding to ATO Enforcement NoticesIn this episode of Tax Yak, host George Housakos sits down with Nicholas Giasoumi, a highly respected Director at Dye & Co., chartered accountant, registered liquidator, and trustee in bankruptcy. This marks the start of a powerful three-part series where Nicholas brings decades of experience to help you understand crucial aspects of debt enforcement and insolvency.
Host: George Housakos, Senior Tax Trainer, TaxBanter
Guest: Nicholas Giasoumi, Director at Dye & Co
Dive into the best practices for handling ATO-issued Director Penalty Notices, Statutory Demands, Garnishee Notices, and Credit Report Bureau Notifications.
Tune in to...2024-11-1536 minTaxBanter Pty Ltd.Tax Yak Episode 66: Responding to ATO Enforcement NoticesIn this episode of Tax Yak, host George Housakos sits down with Nicholas Giasoumi, a highly respected Director at Dye & Co., chartered accountant, registered liquidator, and trustee in bankruptcy. This marks the start of a powerful three-part series where Nicholas brings decades of experience to help you understand crucial aspects of debt enforcement and insolvency.
Host: George Housakos, Senior Tax Trainer, TaxBanter
Guest: Nicholas Giasoumi, Director at Dye & Co
Dive into the best practices for handling ATO-issued Director Penalty Notices, Statutory Demands, Garnishee Notices, and Credit Report Bureau Notifications.
Tune in to...2024-11-1536 minTaxBanter Pty Ltd.Responding to ATO Enforcement Notices: Tricks, Traps, and Time BombsResponding to ATO Enforcement Notices: Tricks, Traps, and Time BombsIn this episode of Tax Yak, host George Housakos sits down with Nicholas Giasoumi, a highly respected Director at Dye & Co., chartered accountant, registered liquidator, and trustee in bankruptcy. This marks the start of a powerful three-part series where Nicholas brings decades of experience to help you understand crucial aspects of debt enforcement and insolvency.Episode 1: Responding to ATO Enforcement Notices: Tricks, Traps, and Time BombsDive into the best practices for handling ATO-issued Director Penalty Notices...2024-11-1436 minTaxBanter Pty Ltd.Tax Yak Episode 65: TPB matters (Part 2)In this 2 part episode series of Tax Yak, George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and the new Code of professional conduct determination.
Host: George Housakos | Senior Tax Trainer, TaxBanter
Guest: Vincent Licciardi | Partner, HWL Ebsworth
This episode, they focus on the new Legislative Instrument registered on 2 July 2024 titled Tax Agent Services (Code of Professional Conduct) Determination 2024 (for registered tax agents and BAS agents), which took effect from 1 August 2024 – although transitional rules have been announced which will give practitio...2024-08-1939 minTaxBanter Pty Ltd.Tax Yak Episode 65: TPB matters (Part 2)In this 2 part episode series of Tax Yak, George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and the new Code of professional conduct determination.
Host: George Housakos | Senior Tax Trainer, TaxBanter
Guest: Vincent Licciardi | Partner, HWL Ebsworth
This episode, they focus on the new Legislative Instrument registered on 2 July 2024 titled Tax Agent Services (Code of Professional Conduct) Determination 2024 (for registered tax agents and BAS agents), which took effect from 1 August 2024 – although transitional rules have been announced which will give practitio...2024-08-1939 minTaxBanter Pty Ltd.Tax Yak Episode 65: TPB matters (part 2)In this episode of Tax Yak (part 2 of 2), George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and new Code of Conduct of professional conduct determination.Guest: Vincent Liccardi | Partner, HWL EbsworthWant to get maximum understanding of the recent reforms and planned changes? Join us on 30 August for our comprehensive webinar Tax practitioner breach reporting and beyond! Learn more >2024-08-1539 minTaxBanter Pty Ltd.Tax Yak Episode 64: TPB matters (Part 1)In this 2 part episode series of Tax Yak, George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and new Code of Conduct of professional conduct determination.
Host: George Housakos | Senior Tax Trainer, TaxBanter
Guest: Vincent Licciardi | Partner, HWL Ebsworth
This episode, we will focus on the new tax agent breach reporting regime, whereby the TPB has provided guidance material pursuant to TPB (I) D53/2024 (which came into effect on 1 July 2024, whereby tax practitioners (which includes Tax and BAS agents) ga...2024-08-1256 minTaxBanter Pty Ltd.Tax Yak Episode 64: TPB matters (Part 1)In this 2 part episode series of Tax Yak, George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and new Code of Conduct of professional conduct determination.
Host: George Housakos | Senior Tax Trainer, TaxBanter
Guest: Vincent Licciardi | Partner, HWL Ebsworth
This episode, we will focus on the new tax agent breach reporting regime, whereby the TPB has provided guidance material pursuant to TPB (I) D53/2024 (which came into effect on 1 July 2024, whereby tax practitioners (which includes Tax and BAS agents) ga...2024-08-1256 minTaxBanter Pty Ltd.Tax Yak Episode 64: TPB matters (Part 1)In this episode of Tax Yak (part 1 of 2), George Housakos yaks with Vincent Licciardi on two very hot issues for the new financial year of 2024/25: The new tax agent breach reporting regime and new Code of Conduct of professional conduct determination.Guest: Vincent Liccardi | Partner, HWL EbsworthWant to get maximum understanding of the recent reforms and planned changes? Join us on 30 August for our comprehensive webinar Tax practitioner breach reporting and beyond! Learn more >2024-08-0956 min
The Backstage PodcastEpisode #53 - Leo HousakosThe Backstage Podcast - Elections Edition 2021
My guest today is the Honorable Leo Housakos. He's a member of the Canadian Senate and although he's not running for a seat in the current federal election, I thought it would be great to discuss the role of Senators during a campaign and to pick his brain on a variety of issues revolving around this election. I hope you enjoy the conversation!2021-09-0343 min