Our latest insights

If you performed eligible Australian-based R&D activities during the financial year ended 30 June 2023, the 30 April 2024 deadline to register your activities with AusIndustry is fast approaching.

Tax & legal considerations for financial settlements in relationship breakdowns

In the latest episode of Beyond the Numbers with Grant Thornton, Kristina Popova, State Taxes Partner and Bei Bei Han, Private Business Advisory Partner discuss increases in land tax assessments, potential avenues for appeal, and the impact of the current and proposed changes on businesses and individuals.

Tax governance is crucial for all taxpayers. Understanding and implementing effective tax governance practices is key to managing tax risks and meeting ATO expectations.

This article is the fourth in a series where we discuss the stages of a payroll remediation project.

Learn how to navigate Combined Assurance Reviews (CARs) and ensure GST compliance with insights on tax governance, voluntary disclosures, BAS preparation, and more. Our experienced team provides guidance to help you prepare for ATO scrutiny and maintain confidence in your tax affairs.

The ATO has been undertaking assurance reviews as part of its Tax Avoidance Taskforce since 2016. These reviews are designed to provide assurance to the Government and the business community that taxpayers are meeting their tax obligations.

Explore 2023 Division 7A loan rates, compliance, and tax impacts.

The ATO has recently finalised its guidelines on how electricity costs for charging electric vehicles at home may be calculated for FBT and income tax purposes.

Earlier this month the State Revenue Office of Victoria commenced issuing land tax assessment notices for the 2024 land tax year.

There is never an ideal time for receiving an ATO review, and the time commitment (and possibly the costs) can be significant when a taxpayer is ill-prepared.

As energy & resources businesses transition into development, the costs associated with inefficient structuring can be devastating from a tax perspective.