Whether you are an Australian business with existing operations in the US or looking to establish a foothold there, the impact of the US tax reform agenda will warrant very close consideration. While there may well be benefits arising, there may also be some disadvantages and unintended consequences.
As the Australian Government continues to focus on the way it taxes Significant Global Entities (SGE), there’s a lot for businesses to navigate to ensure they are meeting all requirements in a coordinated and effective way.
Most employers that offer salary packaging, currently pay superannuation on the “pre-packaged” salary amount, ie. prior to the deductions for salary packaged items. This treatment, therefore, means that compulsory superannuation is based on an amount inclusive of salary packaged superannuation, so for these employers, the changes will have no impact.
Your retail baby is growing up. The retail world is changing. You aren’t as young as you used to be, but you aren’t ready to walk away.
It is clear from our 2017 survey of Australian Family Businesses that a significant number of family businesses see increased gender diversity in leadership as important.
Too often the earlier adopters of technology that incorporate new sustainable materials and/or construction practices in their projects, have found it difficult to access funding due to the perceived higher risk of not applying a ‘mainstream’ approach.
New technology can free up tax professionals to take on a strategically influential role and generate the analytical insights and real-time information to support this. So how can a tax function take advantage of the changes ahead?
Have you ever struggled with determining the correct tax treatment of different travel costs for your employees? Were the employees travelling on business, living away from home, or perhaps they relocated?
The Tax Law Amendment (Combating multinational Tax Avoidance) Bill 2015 (“MAAL”) casts the spotlight onto corporate activity that encourages the reduction of tax liabilities in Australia.
Retirement is supposed to be the phase of life when things become simpler. But for many people managing their retirement income adds complexity to what ought to be a time of relaxation.
Property investment has been a part of Australian culture since the earliest days of British settlement. But for a growing number of Australians, the traditional pathways to property investment are getting harder and harder to traverse.
Changes to the Aged Care Funding Instrument (ACFI) announced in this year’s federal budget will have the biggest impact on the sector’s revenue, with $1.2 billion slashed from the available funding pool. Of most concern is that it appears this is part of an ongoing trend by the Government to reign in aged care spending.