Summary of 2008-2019 Local technical and financial reporting alerts
The sharing of information between the Australian Taxation Office and various other government agencies continues to form the foundation for data matching and compliance programs.
Tighter regulation on imported building materials is under construction following an apartment fire in Melbourne’s Docklands.
The valuation and appropriate treatment of entitlements in Employee Share Schemes (“ESS Interests”) is a frequent issue in the determination of financial matters on relationship breakdown but causes significant complexities.
The 2015/2016 financial year will have 27 fortnightly pay periods.
Do you ‘cash out’ fringe benefits and think this solves everything? Think again, You may have a latent tax problem.
Losses from fraud and corruption are a significant impediment to achieving growth and strategic objectives of organisations in the Australian Banking and Financial Services sector.
In our October 2014 Tax Alert we highlighted the announcement by the Federal Government (as part of its Industry and Competitiveness Agenda) to change Australia’s Employee Share Scheme (ESS) tax laws. The Government has now released draft legislation to reform the ESS rules, primarily designed to bring them more in line with international standards to assist Australian business attract, retain and incentivise employees in an international labour market. If these changes become law they will apply to ESS shares and rights acquired on or after 1 July 2015.
Tax alert: GST & remote housing accommodation