2017 amendments to the PPS Lease Law

11 Jul 2017

2017 amendments to the PPS Lease Law

Tax reduction opportunities for small business

06 Jul 2017

An article in the 4 July 2017 edition of The Australian has caused a bit of a stir by suggesting a broader range of corporate entities than was previously thought would be eligible for small business tax cuts.

GST and digital currency update

04 Jul 2017

On Thursday 29 June 2017, the Australian Government released draft legislation on removing the double taxation of digital currency, aligning the GST treatment of digital currency with money.

Do your employees travel a lot, live away from home or have they relocated?

29 Jun 2017

Have you ever struggled with determining the correct tax treatment of different travel costs for your employees? Were the employees travelling on business, living away from home, or perhaps they relocated?

South Australia State Budget 2017-18

23 Jun 2017

With a strong focus on “putting South Australians first” and building on the foundations of the previous budget, Treasurer Tom Koutsantonis MP delivered South Australia’s 2017-18 State budget on 22 June 2017.

GST changes to the Low Value Goods threshold

22 Jun 2017

From 1 July 2018, GST will be extended to low value goods imported by Australian consumers.

Do you have an Employee Share Scheme reporting obligation?

22 Jun 2017

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 2017 income year?

Diverted profits tax has increased the tax challenges for multinational companies

21 Jun 2017

Australia has continued its aggressive, unilateral approach to tackling Base Erosion and Profit Shifting, with the Diverted Profits Tax (DPT) introduced to combat multinational companies shifting profits out of Australia.

Multinational anti-avoidance legislation

21 Jun 2017

The Tax Law Amendment (Combating multinational Tax Avoidance) Bill 2015 (“MAAL”) casts the spotlight onto corporate activity that encourages the reduction of tax liabilities in Australia.

Significant impact of CbC reporting obligations for multinational companies

21 Jun 2017

The Australian Government has continued its push for transparency on how Significant Global Entities (SGE) organise their operations and tax affairs.