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This simplistic view adopted by the Court is common, where lawyers, accountants and even business valuers can ignore minority interest discounts, which can apply to when a company is not wholly owned. Two discounts regularly applied in the valuation of a private company are: Discount for lack of control and discount for lack of marketability

Join our webinar series as we dive into the latest updates surrounding the EMDG Round 4 and the R&D Tax Incentive Landscape.

The aged care overhaul is here, with major reforms shaping the future of care for older Australians. From funding shifts to enhanced home care options, these changes will require careful planning from businesses in the sector. Find out how the $5.6b investment into the quality, viability, and accessibility of aged care services and related reforms will affect providers and why strategic planning is crucial for the year ahead.

Many high net wealth families seek advice on different ways to manage their charitable endeavours. Setting up a Private Ancillary Fund (PAF) may be an attractive option for your family; it is a tax-efficient structure, but can offer so much more.

After returning from Paris with two gold medals and bringing her tally to a total of three, 10x Canoe Slalom World Champion Jessica Fox has taken Australia – and the world – by storm. In this episode of The Remarkables, we chat to Jess about her achievements in Paris, how she uses social media, and what’s next on her journey.

Australia's financial landscape is evolving with the phase-out of cheques and BECS payment systems. This mean your business will need to navigate changes to payment processes and manage evolving compliance requirements, as we transition to real-time, instant payments in Australia.

On 9 August 2024, the ATO sought to appeal a decision exempting PepsiCo from RWHT, highlighting its focus on taxing embedded royalties, IP, and applying DPT.

In today's shifting global landscape, businesses face ongoing supply chain challenges such as port congestion, soaring freight costs, and material shortages. Domestically, labor shortages and increasing costs add to the strain. To stay competitive, companies must do more with less. Refurbishing existing supply chains can lead to immediate cost savings and service improvements.

On 22 August 2024, the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (the Bill) passed the Senate with amendments. From there, it will return to the House of Representatives to approve the amendments, which is expected to go ahead.

The Treasury Laws Amendment (Support for Small Business and Charities and Other Measures) Bill 2024 was passed by Parliament and received Royal Assent on 28 June 2024.

In this episode, Abigail chats to us about becoming a global symbol of sustainability, how the brand innovates in an increasingly eco conscious market, and the importance of understanding different market sustainability drivers and expectations.

In the latest episode of Beyond the Numbers with Grant Thornton, Private Business Tax and Advisory Partners and Family Business accredited advisors, Kirsten Taylor-Martin and Kirstin Stewart discuss the critical elements of effective succession planning.