Employees wishing to take advantage of tax concessions withs EVs and salary packaging should focus on lower value vehicles and act soon, says BDO.
News
The Tax Office has outlined the areas currently on its radar with research and development tax incentive claims and encouraged tax professionals to report any dodgy R&DTI advice being promoted. ...
This week’s federal budget has reinforced the argument that clients no longer need advice delivered in silos, says Findex’s head of business performance, with both opportunity and complexity front and centre for practitio...
One key issue which advisers must be aware of when reviewing existing structures or establishing new entities is that, under the Corporations Act, companies are prohibited from owning shares in themselves, writes Matthew Burg...
The regulator has urged service providers and market participants to strengthen cyber security measures amid an intensified risk environment.
Practitioners must watch closely for policy changes regarding the taxation of trusts, as any changes are likely to add further administrative burden for clients, the law firm says.
The Federal Court has overturned an objection decision by the Commissioner of Taxation concerning the calculation of capital gains on company shares that were disposed of by Shell Energy Holdings Australia. ...
The government has revealed the details of five major reform packages aimed at addressing substantial issues in the Australian economy and tax system.
The government has unveiled a raft of reforms to the R&D tax incentive, alongside changes to trusts, CGT, and negative gearing.
The WA budget included targeted measures for housing but did not provide any meaningful relief or concessions for businesses facing sustained cost pressures, BDO has said.
The ATO’s compliance focus on family trust distribution tax is exposing decades-old advisory gaps. Tiarn Pauletto examines how the growing professional indemnity risks for accountants and why the window to act is closing fa...
The body is calling for supply chain resilience and fuel support to save sinking businesses as the fighting continues.