Our latest insights

In this episode, Simon reveals how he was affected by the justice system, the challenge of trying to transition back into the workforce – a problem that Fruit2Work is trying to solve one criminal offender at a time – and the most remarkable advice he’s received.

Join us as we delve into the new Australian thin capitalisation legislation that passed Parliament in late March 2024.

The future of healthcare in Australia is marked by significant growth and transformation, driven by factors such as an aging population, technological advancements, and rising costs. While policy will inform the future direction of the sector, there are many things industry stakeholders can do now to improve their performance and ensure a sustainable future.

The Administrative Appeals Tribunal (AAT) has recently affirmed the Commissioner of Taxation's authority to assess and determine the eligibility of taxpayers' registered R&D activities, upholding the Commissioner’s decision.

Explore how to identify your business value drivers, the significance of valuation for business owners, and the right time to do it.

If you have sold or are looking to sell your business, there may be significant Capital Gains Tax (‘CGT’) on the capital gain. However, if you are a family or privately-owned business owner, you may be able to reduce your CGT through the small business CGT concessions (‘SBCGT Concessions’).

The high level of ATO activity in the multinational space is undoubtedly underpinned by the significantly increased funding it has received from the Australian Government since 2016. What can we expect in the May 2024 Federal Budget?

The ATO revised its approach for Top 1000 taxpayer CARs. This change impacts tax risks and CAR preparations. The ATO noted a rise in Top 1000 taxpayers due to more companies exceeding the $250m turnover.

Understanding whether a transaction is based upon 'market value’ can be an integral component of an engagement in which a business valuer is appointed to opine upon.

Treasury has recently released for consultation two draft Bills, announced as part of the 2023-24 Budget, to implement incentives for new Build-to-rent (“BTR”) developments. This forms part of the Governments key policy of increasing housing supply across Australia by stimulating interest in the BTR sector.

STAI, a SingTel subsidiary, lost its court appeal, highlighting ATO’s focus on tax avoidance. STAI owes ATO $268m in tax and $125m in penalties due to debt deductions. The court found STAI paid excessive interest, benefiting SingTel.

In the latest episode of Beyond the Numbers with Grant Thornton, Neil Jeans, Risk Consulting Partner who specialises in financial crime risk management, discusses the current state of Tranche 2 AML reforms in Australia.