Our latest insights

In our podcast, Tax Partners Vince Tropiano and Brett Curtis discuss what the global minimum corporate tax rate agreement means for Australian businesses, how businesses can prepare themselves, and what to consider if you’re setting up operations offshore.

Both the ATO and the State Revenue Offices have a number of focus areas putting employment taxes squarely on the agenda again.

Single Touch Payroll Phase 2 (STP Phase 2) will become mandatory for all businesses from 1 January 2022, bringing a host of changes that will fundamentally change the visibility of the information reported to the Australian Tax Office.

In response to an increase of importers submitting transfer pricing Voluntary Disclosure requests without first applying to the Australian Border Force (ABF) Valuations team for variation amendments, the ABF has reconfirmed their processes.

If you are in a qualified profession or trade, it is important that you are aware of the ATO’s recent self-managed super fund around non-arm’s-length expenses.

In consultation with patent attorneys from Griffith Hack, we have applied our expertise across patent law, R&D tax, corporate tax and industry specific knowledge to consider the challenges and opportunities for patent box here in Australia.

Digital retail is more than just online shopping. The explosion in online retail throughout the pandemic period has perhaps distracted from the fact that retail activity remains 80% bricks-and-mortar.

With South East Queensland still feeling the effects of its recent spate of COVID-19 lockdowns – and Cairns entering one this week – the Queensland hospitality and tourism sectors have borne the brunt of the shutdowns.

It was clear from the Diggers and Dealers Mining Forum last week that post-COVID recovery, and driving more sustainable practices and supply chains, including producing carbon reduced or neutral energy, were front of mind.

The vaccine roll-out has picked up significant pace over the last week, however it was made clear today that there will be no special laws implemented to allow employers to mandate vaccinations or to bar unvaccinated people from premises. Employers may make a “reasonable directive” for staff to get vaccinated, however, the Solicitor-General cautioned employers to consider how these decisions relate to discrimination laws and unreasonableness of any direction made to an employee.

As the short-sharp lockdown in South East Queensland threatens to be extended, the Queensland Government is providing grants of up $5,000 to affected small and medium businesses across Queensland.

In this podcast, Ian Renwood, partner and National Head of Technology & Media, and Jace Gawne-Buckland, partner in Private Business Tax & Advisory, talk all things cryptocurrency – including banking the unbanked, machines trading services and just when we might see crypto as a standard payments option.