Sibling rivalry is the type of dispute that can be destructive when it comes to making decisions in your family business, so it is important to have strategies in place to mitigate conflict.
On 31 August 2022, the Australian Taxation Office (ATO) finalised its Taxation Determinations TD 2022/12 and TD 2022/13 to reflect the Full Federal Court decision in Peter Greensill Family Co Pty Ltd (Trustee) v Commissioner of Taxation [2021] FCAFC 99 that Australian Capital Gains Tax (CGT) will apply in respect of net capital gain distributions by Australian discretionary trustees to foreign beneficiaries.
Businesses rely heavily on the expertise and guidance of accountants in their start-up and early development phases. But some businesses could be costing themselves money – and stifling their potential – by staying with their current accountant. How do you know if you’ve outgrown your accountant? How do you know when there’s a mismatch between your needs and their capabilities? We’ve identified four telltale signs.
From 19 May 2022, substantial amendments were made to the Duties Act 1997 (NSW) (Duties Act), including the introduction of a new category of dutiable transaction which imposes duty on a change in beneficial ownership of dutiable property.
With the Australia-India Economic Cooperation and Trade Agreement passing through Federal Parliament of Australia last week, now's the ideal time to assess your India strategy. What are the key opportunities your Agribusiness, Food & Beverage business can explore as part of your India strategy? Find out more about areas of opportunity you can leverage.
With recent news of significant data breaches at major corporations, there are a number of questions being asked from Boardrooms to kitchen tables all across Australia. Some common questions include, what went wrong? Are we at risk? And how can we protect ourselves from similar events in the future?
Expert evidence – in both written form in the witness box – is a critical element of any legal proceedings. However, it is an Expert’s conduct in the witness box under cross-examination that is often the most commented upon by the Court through the judgments published.
As part of the Government’s October 2022 Federal Budget, Labor have recently announced changes to the thin capitalisation rules which will apply to income years commencing on or after 1 July 2023.
Legislation for the long awaited FBT exemption for electric vehicles has finally passed through the Senate. A few amendments moved by the Greens were agreed to by the Government in order to get the legislation through. Here is a summary of the new rules.
In this episode we speak with Matthew Green, Partner and Controls Assurance Specialist and Chris Watson, Partner and previously a Detective in the Computer Crime Unit City of London Police.
With the Antarctic Treaty expiring in just over 20 years and current global conflict, a question mark remains over the future of this remarkable place. In this episode, we explore projects led by the Foundation, the independent research currently being conducted, and how businesses can do more to ensure the future growth and protection of Antarctica.
With disruption caused by ongoing pandemic considerations, a new COVID-19 wave on the horizon, enduring supply chain issues and inflation front of mind, retailers have faced uncertainty on all fronts. Yet with people looking forward to a sense of normality this festive season, retailers have been bracing for Black Friday weekend like never before.