Senior Associate Solicitor
Llewellyn Wood
Llewellyn’s Specialties
Llewellyn is an Senior Associate Solicitor specialising in Tax Law. Llewellyn’s key areas of practice include:
- ATO reviews and audits
- Taxation Disputes
- Research & Development Tax Incentive
- Asset Protection Planning
- Trusts
About Llewellyn Wood
Llewellyn holds a Masters of Taxation and Masters of Law. Llewellyn has worked for Revenue Authorities, and in Private Commercial Practice. He has provided a range of tax and legal services including succession planning, business structuring, liquidation and insolvency matters and appeals to tribunals.
Llewellyn is a member of the Law Society of South Australia’s Administrative Law and International Legal Practice Committees. Llewellyn is a Fellow of the Tax Institute of Australia.
Llewellyn Wood’s Articles
Tax Training – 12/12/2025 – Llewellyn Wood: Ure v FCT, Business Operation & Deductibility of Outgoings
This week we discussed the fundamental basis for determining when a business is being operated, and when a business operator may deduct outgoings in relation to that business. We also discussed apportionment of interest costs and borrowing costs. Next week, we will...
Tax Training – 05/12/2025 – Llewellyn Wood: Ure v FCT and Deductibility of Borrowing Expenses
This session explores the deductibility of interest and borrowing expenses in a family and trust context. We will review Ure v FCT alongside section 8-1 and the borrowing expense rules (formerly s 51(1) and s 67 ITAA 1936). Discussion Focus: How the Federal Court...
Tax Training – 28/11/2025 – Llewellyn Wood: Ronpibon Tin and section 8-1 of the ITAA 1997
This session explores the fundamentals of deductions for income tax purposes. We will review Ronpibon Tin and section 8-1 of the ITAA 1997. Discussion Focus: The requirement that an expense be “incidental and relevant” to earning taxable income, and what this means...
Fuel Tax Credits: Eligibility and Legal Framework
A Comprehensive Guide to Acquisition Requirements and Enterprise Considerations Fuel tax credit may be given to a taxpayer for the fuel tax (exciseor customs duty) paid, where the tax payer has acquired fuel. Thefuel will need to be used in machinery, plant, equipment...
Understanding Fringe Benefits Tax in Family Businesses
FBT is applied to non-salary benefits that employers may provide totheir employees or their employees' associates (such as familymembers): These fringe benefits commonly include cars, loans,entertainment expenses, or housing. FBT is generally calculated on the taxable...
Trusts and Property to be Subdivided
Trust Structure Analysis and Taxation Implications It is a common transaction to want to subdivide property. Ideally this can be done with minimal tax consequences. Here is a breakdown of one way one might subdivide 'Greyacre' into its parts 'Blackacre' and...
Contact us
admin@cartlandlaw.com
0428 053 647
PO Box 6433, Halifax Street, SA 5000
Level 12, 431 King William Street, Adelaide SA 5000