Outlining key tax considerations for a taxpayer once their aggregated group turnover is A$1 billion or more.
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In this episode of Beyond the Numbers with Grant Thornton, AML/CTF expert Neil Jeans explores why organisations should assess their exposure, even if they think risk is low, and where businesses can start so they’re in the best defensive position should any issues arise.
R&D Tax Incentive reforms, RDTI reforms, R&D tax offset, innovation incentives, refundable R&D offset, non-refundable R&D offset, supporting R&D activities, Treasury consultation, research and development tax incentive, Federal Budget 2026-27, R&D tax changes, Australia R&D incentives, Innovation Incentives, R&D claims
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What faster growing mid-size businesses do differently infographic.
Selecting and implementing business technology, whether software applications or IT infrastructure, often leads to unexpected complications ranging from budget blowouts to a failure to meet business needs.
The feeling in financial services is that the industry dodged a bullet this year, but good news was still hard to find.
It is a much used truism that we now operate in a global village and that relaxed border controls, free trade agreements and the ubiquity of the internet allow for far greater volumes of international trade than ever before. Our fraud in focus series follows fraud and corruption activity in a range of industries.
The 2016 Biotechnology Industry Position Survey reveals that Australian life sciences companies have attracted well over $2 billion in deal flow over the last 18 months.
The average length of financial statements has been growing for many years, as a result of new Standards and Amendments published by the IASB. In the coming years, new Standards on revenue, financial instruments and leasing will add even more disclosures.
From 1 July 2016 it is presumed that the vendor of real property is a non-resident and the purchaser will be obliged to withhold 10% of the proceeds, register for withholding tax (WHT) and pay it to the Australian Taxation Office (ATO)unless a Clearance Certificate has been obtained prior to settlement.
It’s a fact of retail – your brand is either on the up or in decline. Much like a rollercoaster, this cycle rolls around regularly, and consumers will tell you with their wallets if you’ve got your product offering right or wrong.
2016 is shaping up to be the year of mobility in retail. This will drive opportunities and raise challenges as we operate businesses in a global and borderless environment. Today’s customers expect to be at the centre of your retail decision-making with personalised attention both in store and online, 24 hour access through multiple channels, choice, and engagement with their favourite brands via social media.
The IFRS Viewpoint series provides insights from Grant Thornton's global IFRS team on applying IFRSs in challenging situations. Each edition focuses on an area where Standards have proved difficult to apply or lack guidance.
Recent budget announcements will see residential care providers struggle to remain viable. While there was some good news with the announcement of 1,286 new places and increased viability supplements for rural and remote providers, this will mean little to the large number of providers already operating on slender margins.
The 2016/17 Federal Budget is a step in the right direction to recognise and support growth for Australia’s 54,000 mid-size businesses. Read our detailed commentary here.