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In Grant Thornton’s (and the Australian Taxation Office’s) experience, financial supply providers and their associates are generally unaware of the GST implications of supplies and acquisitions between related parties.
With all that had been going on as 2020 closed out, it would have been easy to miss the introduction of a new reporting obligation placed on certain entities from 2021 forward.
In this podcast, Grant Thornton Risk Consulting partner Katherine Shamai discusses what it means to be a good corporate citizen, how COVID has moved the conversation along, and the long term risks to brand and stakeholders of getting it wrong.
Following the recent Parliamentary Inquiry into class actions and public debate around regulatory settings during COVID-19, Treasurer Josh Frydenberg has announced his intention to legislate permanent reform to continuous disclosure laws.
According to National Head of Retail & Consumer Products, Luke Ritchie, The explosion in online retail has been underlined by pureplay online businesses acquiring failing bricks-and-mortar retailers at bargain basement prices, only to relaunch them as online only operations.
M&A took a massive hit in 2020, with the majority of transactions put on hold in the February-March 2020 period in response to COVID.
Good news for everyone looking to grow their superannuation balance. The ATO has announced that from 1 July 2021 the transfer balance cap (TBC) will be indexed from $1.6m to $1.7m.
The preliminary December 2020 retail figures from the ABS underline just how resilient the Australian retail sector has been throughout 2020.
Don’t just think iron ore. Australia is truly resource rich – from hydrogen through to lithium and nickel for energy storage, and Rare Earth minerals for computers, smartphones and the aerospace industry.
The Government has delivered a once in a lifetime Federal Budget in response to COVID-19.
Our annual 2018 International Business Report (IBR) survey, released in May 2018, asked 2,500 executives from 35 economies about Engagement Beyond the Boardroom.