Explain That by Velocity Legal
Explain That is a podcast by Velocity Legal which unravels complex legal concepts and makes them easy to understand. Our host Andrew Henshaw (Managing Director of Velocity Legal) talks to a range of specialists who share their expertise and provide practical guidance.
- Indexed episodes, last 90 days
- 5
- Latest publication
- Sep 24, 2026
- Audience
- Checking…
- Earliest in this view
- Jul 16, 2026
Latest episodes
30% Minimum Tax on Discretionary Trusts: EETs, Rollover Relief and What Comes Next (opens the original)
Read excerpt
The proposed 30% minimum tax on discretionary trusts has moved from a Federal Budget announcement to exposure draft legislation, bringing greater detail—and considerably more complexity. In this episode of Explain That, Andrew Henshaw is joined by Velocity Legal director Rajan Verma to examine how the proposed regime would operate, how the trustee-level tax and beneficiary credit would interact with the existing trust taxation rules, and why the changes could materially affect the use of discret
Small-Scale Property Development Part 2: Do You Need to Pay GST? (opens the original)
Read excerpt
Do you need to pay GST on a one-off property development? For small-scale property developments, GST can materially affect the sale proceeds. A one-off project can still attract GST, and treating a sale on capital account for income tax purposes does not necessarily resolve the GST position. In Part 2 of this two-part series on tax and property development, Andrew Henshaw is joined again by Tom Warrington, Associate in Velocity Legal’s Tax team, to discuss the GST implications and why they need
Small-Scale Property Development (Part 1): Capital Gain or Taxable Income? (opens the original)
Read excerpt
Is your property development profit taxed as a capital gain or as income? For small-scale property developments, that distinction can materially change the tax outcome. A one-off development is not automatically treated on capital account, and whether the CGT rules apply can depend on the taxpayer’s intention, the nature of the development and the evidence supporting their position. In Part 1 of this two-part series on tax and property development, Andrew Henshaw is joined by Tom Warrington, Ass
Heads of Agreement: Binding Terms, Due Diligence and Deal Risk (opens the original)
Read excerpt
What is a heads of agreement, and is it legally binding? Heads of agreement are commonly used at the beginning of a business sale, acquisition or other commercial transaction to record the key terms before a formal contract is prepared. Although they are often treated as preliminary or non-binding documents, poor drafting can create legal obligations, restrict negotiations and affect a party’s position before due diligence is complete. In this episode of Explain That by Velocity Legal, Lauren Gr
ATO Fraud or Evasion: How Far Back Can the ATO Amend Your Tax Returns? (opens the original)
Read excerpt
Most taxpayers assume that once the usual amendment period has passed, an old tax assessment is effectively closed. A fraud or evasion opinion can change that. For many taxpayers, the ATO generally has either two years or four years to amend an income tax assessment. But if the Commissioner forms the opinion that there has been fraud or evasion, those ordinary time limits may fall away, allowing the ATO to revisit much older income years. In this episode of Explain That by Velocity Legal, Andrew
Publishing over time
Last 90 days. Choose a month to open its work.
Recurring subjects
Named in the text we hold. One piece can cover several.
Audience
No verified audience measurement yet.
About this data
Counts cover the work we have indexed. Tone needs enough text and a confident classification. Excerpts and episode notes are not full articles or transcripts.
Identity or attribution wrong? Suggest a correction.