Our latest insights

In this episode, Jess introduces herself as Grant Thornton’s new Brand Ambassador, discusses how her sport aligns to professional services and what remarkable means to her.

From 1 July 2024, revised tax rates will affect NFP salary packaging. Despite reduced rates impacting tax savings, employees should still see savings, varying by income and salary packaging arrangements.

Currently, businesses who meet reporting thresholds will need to report on material climate-related risks and opportunities, including metrics and targets related to Scopes 1, 2, and 3 emissions from 1 July 2025.

New return requirements and DGR reviews in the not-for-profit sector now require non-charity organisations to submit annual tax-exempt status reviews to the ATO.

As the financial year concludes, businesses should engage in tax planning. This can maximise tax efficiency and minimise liabilities. Now is a valuable time investment with practical tax planning considerations available.

The recently announced ‘Future Made in Australia Act’ underscores the Government’s commitment to the manufacturing re-shoring objective, demonstrating a willingness to adopt an interventionist approach to safeguard and build our sovereign capabilities, ensure our competitiveness with neighbouring countries, and allies and guard against growing geo-political tensions.

In the dynamic world of business, Chief Financial Officers (CFOs) play a pivotal role in steering organisations towards financial success. Their responsibilities extend far beyond traditional financial management, encompassing strategic decision-making, risk assessment, and now more than ever – technological adaptation. As we delve into 2024, the challenges and opportunities facing CFOs have evolved, encouraging them to embrace a new era of financial leadership.

Critiquing another expert's report is a core skill of a forensic accountant. In this article, we set out the key areas of critique, how we approach them and three things to focus on.

Learn why shareholder agreements are essential for governance, continuity, and protection. Explore key issues and benefits for business owners and partners.

While tax reform has been widely discussed throughout the political landscape since the Henry Tax Review was released 14 years ago, it is becoming an increasingly emphasised in recent years due to questions around the efficiency of the Australian taxation system, particularly in relation to the heavy reliance on personal income taxes and the sustainability around this for the future.

Grant Thornton Private Business Tax & Advisory Partner Nick Love recently interviewed Mark Nicholas, Founder and CEO of Anchor Private Financial Services, about forecasting and budgeting for businesses, focussing on the banker's perspective on three-way forecasting.

Treasury Laws Amendment (Making Multinationals Pay Their Fair Share - Integrity and Transparency) Act 2024