RSM Australia

Our People

Biography

Sam Mohammad leads RSM's National indirect tax practice and has over 16 years' experience advising on indirect taxes. Sam specialises in providing practical and easy to understand GST, duty, payroll tax and fuel tax credit advice on complex matters, with a particular focus on clients in the property, government, mining and infrastructure sectors. Sam's client base includes ASX-listed property developers (both residential and commercial), multinational mining and energy companies, mid-scale and boutique developers and government departments and agencies.

Sam Mohammad is a Partner of RSM Australia Partners and a Director of RSM Australia Pty Ltd.

SIGNIFICANT PROJECTS

  • advising the State of Queensland on a number of projects including Queens Wharf Brisbane and Herston Quarter development project;
  • advising on, and successfully obtaining, GST private rulings and duty exemption requests on a range of complex matters;
  • managing ATO and OSR reviews and audits for clients across GST, duty, payroll tax and fuel tax credits, including a number of ATO Streamlined Assurance Reviews;
  • current member of the Tax Institute's Queensland State Taxes sub-committee;
  • prior member of the ATO's Fuel Tax Liaison group
  • being a regular presenter at Tax Institute and other external seminars and conferences

PROFESSIONAL ASSOCIATIONSSam Mohammad leads RSM's National indirect tax practice and has experience understanding GST, payroll tax and complex tax matters.

  • Member, Chartered Accountants Australia and New Zealand
  •  Member, The Tax Institute

QUALIFICATIONS

  • Bachelor of Business (Accountancy)
  • Bachelor of Laws
  • Member, Chartered Accountants Australia and New Zealand

REGISTRATIONS

  • Admitted solicitor of the Supreme Court of Queensland
  • Registered Tax Agent
Publications

New South Wales | 2020-21 State Budget Analysis

18 November 2020
What does the 2020-21 New South Wales state budget mean for you and your business? The New South Wales (“NSW”) Government has taken on the challenge of making generational and big bang reform in the wake of COVID-19 in its 2020-21 Budget, delivered on 17 November 2020.  While most other budgets in 2020-21, both state and federal, have t...

Tasmania | 2020-21 State Budget Analysis

17 November 2020
What does the 2020-21 Tasmanian state budget mean for you and your business? Much like the other State Budgets, the Tasmanian 2020-21 Budget recognises the COVID-19 pandemic has both a health element and an economic element.  To this end, the Tasmanian Budget, released on 13 November 2020, makes further significant investments towards rebui...

Northern Territory | 2020-21 State Budget Analysis

13 November 2020
What does the 2020-21 Northern Territory budget mean for you and your business? In its 2020-21 Budget, the Northern Territory (“NT”) Government is promoting the Territory as ‘Australia’s comeback capital’ and the future economic agenda as being ‘Jobs First’.  This Jobs First approach involves:  Protecting ex...

South Australia | 2020-21 State Budget Analysis

13 November 2020
What does the 2020-21 South Australian state budget mean for you and your business? The South Australian State Budget is looking to restart the local economy by:  providing a platform for businesses to grow; investing in local infrastructure; and continuing to put health and safety of residents at the forefront of the post-pa...

Payroll tax relief to entice international and interstate businesses to move to NSW

6 November 2020
On 5 November 2020, the New South Wales (NSW) Government announced its new “Jobs Plus Program” (Program). The $250m Program directly encourages domestic and international businesses to move their head office or expand their operations into NSW through significant payroll tax relief. To access the Program, businesses will need to create ...

NSW land tax surcharges for foreign persons

29 October 2020
Under current legislation, ‘foreign persons’ that acquire or own residential land in NSW may be subject to surcharge purchaser duty (additional 8%) and ongoing surcharge land tax (additional 2%). Broadly, a ‘foreign person’ includes an individual who is not ordinarily resident in Australia (other than an Australian citizen) or various en...

Webinar: JobKeeper 2.0 - What you need to know | 14 October 2020

20 October 2020
There has been significant changes to the JobKeeper payments in the last few months. The latest update confirms that the JobKeeper payment scheme will be extended by a further six months to March 2021, with accompanying changes to the payment rate and eligibility. In the webinar, we covered the following topics:  Changes ...

New Queensland Stamp Duty Exemption for Eligible Small Business Restructures

19 October 2020
On 9 October 2020, the Queensland Office of State Revenue (OSR) released Public Ruling DA000.16.1 (the Ruling), which introduces an exemption from duty for certain transactions relating to small business restructures. This new ruling follows the Queensland Treasurer’s earlier announcement on 9 September 2020 regarding the intention to ‘aboli...

GST treatment for banking products released

2 October 2020
For a number of years, the Australian Taxation Office (ATO) has been revisiting long-held formal and informal positions it has taken with respect to the GST treatment of a range of banking products and financial services.  After being delayed by the urgent need to divert resources to its pandemic response, the ATO has now finalised a suite ...

GST and tax governance back on the agenda for boards and management

6 August 2020
Release of ATO’s new “GST Governance, Data Testing and Transaction Testing Guide” Summary Many businesses would be familiar with the Australian Taxation Office's (ATO's) embrace of the “justified trust” methodology and its strong focus on tax governance. Under its justified trust methodology, the ATO takes an assurance-based ap...

Webinar: JobKeeper 2.0 | 24 July 2020

24 July 2020
The Federal Government has released further details surrounding the much anticipated changes to the JobKeeper Payment.  The latest update confirms that the JobKeeper payment scheme will be extended by a further six months to March 2021, with accompanying changes to the payment rate and eligibility. RSM Directors Andrew Sykes and Sam Moha...

Queensland foreign owner land tax surcharge: Ex gratia relief guidelines

20 July 2020
In last year’s State Budget, the Queensland Government unexpectedly announced an immediate 2% surcharge on the Queensland land tax liabilities of foreign companies and trustees of foreign trusts (collectively, “foreign owners”). After much lobbying by the property industry and other stakeholders, the Queensland Government agreed to allow f...

Reforming GST and State Taxes

9 July 2020
If ever there was a topic that tax advisers would agree on, it is that GST and state taxes, such as stamp duty and payroll tax, are in desperate need of reform. In commemorating the 20th anniversary of the implementation of GST, it’s an appropriate to time to reflect on the current state of play for indirect taxes: GST receipts are stagnant...

Do you have the evidence ready for a JobKeeper claim review by the ATO?

5 June 2020
The first of June is traditionally the start of winter but, for the tax-minded amongst us, 1 June 2020 also marks the official start of the next phase of the JobKeeper scheme. The expectation is that most businesses in the JobKeeper scheme have by now performed their GST turnover analysis, collected their employee nomination forms, registered wi...

Employers to beware of hidden payroll tax and WorkCover costs of JobKeeper payments

20 May 2020
By and large, the JobKeeper Payment scheme is a much-welcome lifeline for employees and employers alike, especially now that the payments have started to flow. However, from an employer’s point of view, they need to be aware that they may be forced to bear some of the costs of administering the scheme. Potentially, these on-costs of the J...

Overview of State and Territory Government Announcements

30 April 2020
Overview of State and Territory Government Announcements. See below a summary of State tax measures. This information is current as of 30 April 2020 *Denotes an application may be required to access the concession. Australian Capital Territory > New South Wales >  Northern Territory ...

Calculating GST turnover for the JobKeeper Payment scheme

30 April 2020
Calculating GST turnover for the JobKeeper Payment scheme – cash, accruals, or something else?  One of the critical aspects for an employer to consider and satisfy as part of the JobKeeper Payment Scheme is whether it has satisfied the decline in turnover test.  What is clear from the Treasurer’s JobKeeper Rules, and associated ...

Land tax relief for landlords and tenants

30 April 2020
Land tax relief for landlords and tenants following the release of the Mandatory Code of Conduct The National Cabinet recently signed off on the Mandatory Code of Conduct (“the Code”) for commercial landlords and tenants, which included a set of “good faith leasing principles”.  Our summary of the Code and associated commerc...

JobKeeper Payment - new ways to prove decline in turnover

23 April 2020
The Commissioner of Taxation (the Commissioner) has now issued the much-anticipated legislative instrument setting out the alternative decline in turnover tests that can be applied by an entity as part of satisfying the eligibility criteria for the JobKeeper payment scheme.   While many entities will benefit from these alternative test...

Emergency Cash Grants for VIC small businesses

15 April 2020
On 21 March 2020, the Victorian (VIC) State Government announced a one-off $10,000 emergency cash grant for small businesses impacted by COVID-19. The grant is funded from the State Government’s $500m Business Support Fund to support small businesses that employ Victorians that have been highly impacted by the COV...

Emergency Cash Grants for NSW small businesses

15 April 2020
On 3 April 2020, the New South Wales (NSW) State Government announced a one-off $10,000 emergency cash grant for small businesses impacted by COVID-19. The State Government is offering grants to small businesses and not-for-profit entities that have suffered significant declines in revenue as a result of COVID-19 to supp...

VIC State Government’s COVID-19 Stimulus Package – What you need to know

30 March 2020
*This page was last updated on 30 March. For more information, click here. The Victorian (VIC) Government has announced a $1.7bn stimulus package, with the major items being: For businesses with Victorian taxable wages of $3m or less, a full refund of any payroll tax paid or payable for the 2019-20 financial year. ...

SA State Government’s COVID-19 Stimulus Package – What you need to know

27 March 2020
*This page was last updated on 27 March. For more information, click here. The South Australian Government has announced two stimulus packages pursuant to which it will:  Provide businesses with group Australian taxable wages of up to $4 million to a six-month waiver of payroll tax (for the months between April and...

NT State Government’s COVID-19 Stimulus Package – What you need to know

23 March 2020
*This page was last updated on 23 March. For more information, click here. The Northern Territory (NT) Government will:  Extend the existing payroll tax exemption for hiring Territory employees to 30 June 2021.  Put on hold any increases to government fees and charges, including electricity costs. ...

ACT State Government’s COVID-19 Stimulus Package – What you need to know

23 March 2020
*This page was last updated on 23 March. For more information, click here. The Australian Capital Territory (ACT) Government will:  Defer the payment date for payroll tax for up to 12 months for businesses with taxable wages of up to $10m.  Businesses in affected industries will receive a one-of six-month waiver of...

TAS State Government’s COVID-19 Stimulus Package – What you need to know

18 March 2020
*This page was last updated on 18 March. For more information, click here. The Tasmanian Government will:  Waive the requirement for employers in the hospitality, tourism and seafood industries to lodge payroll tax returns for March, April and May 2020.  The Tasmanian State Revenue Office will still require the 2019-20 ...

QLD State Government’s COVID-19 Stimulus Package – What you need to know

18 March 2020
*This page was last updated on 18 March. For more information, click here. The centrepiece of the Queensland Government’s stimulus package is a $1.2 bn investment in additional health system capacity to expand clinics, emergency and acute care departments and regional aeromedical services. For Queensland households, the ...

NSW State Government’s COVID-19 Stimulus Package - what you need to know

18 March 2020
*This page was last updated on 18 March. For more information, click here. On 17 March 2020, the New South Wales (NSW) State Government announced a $2.3 bn stimulus package aimed at both households and small to medium businesses.  While $700m of the package is aimed directly at front-line support for hospitals an...

State governments unveil tax relief during natural disasters

16 March 2020
The oft-quoted maxim is that the art of tax is to pluck the goose so as to maximise the amount of feathers but minimise the amount of hissing.   To take the analogy further, sometimes governments realise that the best approach is to stop plucking in the short-term so as to maximise the quantum of feathers to be collected in the long-te...

Directors beware – lifting the company veil for GST and other indirect taxes

2 March 2020
Generally, the unpaid debts of a company are not recoverable against the company’s directors. However, with effect from 1 April 2020, the Commissioner of Taxation (the Commissioner) will have new powers that allow him to cut through the company veil and recover unpaid indirect taxes such as GST, wine equalisation tax and luxury car tax (c...