STAI, a SingTel subsidiary, lost its court appeal, highlighting ATO’s focus on tax avoidance. STAI owes ATO $268m in tax and $125m in penalties due to debt deductions. The court found STAI paid excessive interest, benefiting SingTel.
Tax & legal considerations for financial settlements in relationship breakdowns
In the first episode of our refreshed series, Beyond the Numbers, Financial Advisory Partner Darryn Hockley and Private Business Tax & Advisory Partner Craig Lawson, explore the characteristics of firms that are ‘option ready’.
Navigating the Australian business landscape involves more than just identifying market opportunities; it also entails a thorough understanding of our country's tax and other regulatory obligations.
Outsourced CFO services can help scale up businesses, domestic established businesses and international subsidiaries with the demands of doing business
As this landscape shifts, family businesses must become aware of their carbon emissions and develop a proactive carbon reduction strategy, whether it be aiming for net zero or another reduction target.
A new financial year brings superannuation changes, and with it comes opportunities to strategise how you can increase your retirement wealth. We summarised the superannuation changes that you should be aware of from 1 July 2023.
Effectively managing a modern professional services firm requires a strategic approach to profits, cash flow, and equity.
As we approach the Federal Budget on 9 May, we share our insights on the implications of the Government’s recently announced Better Targeted Superannuation Concessions.
As a Trustee (the person who manages the fund) you have many obligations you must adhere to once your self-managed super fund (SMSF) is setup.
At Grant Thornton, we offer a National Superannuation team to support you and your family with the accumulation phase right through to retirement.
Following the Government’s announcement on 28 February 2023 regarding a reduction in tax concessions for superannuation balances over $3 million, we discuss what has changed in the past 12 months and what the future may hold.