Treasury has released the most recent rework of the proposed Division 296 tax. Although it has provided some much-needed relief from the original draft, the rework now includes addition hurdles requiring careful planning and consideration.
Across Australia there are regions experiencing a historic transformation fuelled by a combination of significant investment in infrastructure projects and an increase in population. Western Sydney is an example where the economy has expanded to become the third largest in Australia, contributing $100b to Australia’s GDP or 8 per cent of total GDP.
In this episode of Beyond the Numbers with Grant Thornton, we welcome back AML/CTF experts Neil Jeans and Katherine Shamai. They unpack AUSTRAC’s starter kits, share practical tips for embedding compliance into business culture, and explain why it’s critical to start mapping out your designated services now.