Is your business leveraging government support?

05 Nov 2018

If you are planning to invest in your business there may be a role for government co-funding support to achieve bigger, better of faster outcomes.

South Australia State Budget 2018-19

05 Sep 2018

The new South Australian government handed down its first State budget on 4 September 2018.

Is your business ready for Modern Slavery legislation?

21 Aug 2018

Modern Slavery, in its simplest terms, refers to exploitation of a person for the gain of another person/group and often leaves the person feeling trapped in unethical conditions.

Hybrid Mismatch rules passed by Parliament

20 Aug 2018

On 16 August 2018, the Federal Parliament passed new legislation on Hybrid Mismatch arrangements, targeting Australian entities operating within a multinational group, with hybrid instruments in place, or plans to restructure such arrangement.

Change in fuel tax credits from 1 August 2018

07 Aug 2018

The ATO has announced a change in the fuel tax credits (“FTC”) rate from 1 August 2018. This FTC rate change is reflective of the bi-annual indexation of rates which are made in line with the consumer price index (“CPI”).

Has your trust acquired residential property since 9 May 2017?

16 Jul 2018

New laws apply to implement a property vacancy fee and annual reporting by foreign owners of Australian residential property. This is part of the Government’s comprehensive housing affordability plan which was announced in the 2017-2018 Federal Budget.

Do you have Employee Share Scheme reporting obligations?

03 Jul 2018

Has your company (or parent company) provided free or discounted shares or rights to receive shares to employees, directors or individual consultants (Employees), or their nominees, during the 2018 income year?

Assessing risk when implementing profit sharing arrangements

02 Jul 2018

The Australian Tax Office (ATO) issued its latest guidelines dated 25 June 2018 to professional services firms regarding its assessment of risk in respect to allocation of profits within such firms.

What Hybrid Mismatch rules mean for Australian tax payers

27 Jun 2018

On 24 May 2018, the Federal Government introduced wide-ranging rules which seek to apply tough new measures to attack the tax benefits that may apply to Australian branches or companies of multinational groups who enter into so-called “hybrid mismatch” arrangements.

Whistleblower Reforms - What do they mean and are you ready?

19 Jun 2018

From 1 July 2018, changes to the Corporations Act 2001 (the Act) will significantly increase compliance obligations for whistleblower protection for corporate employers.