Tax Legislation The clock is ticking: apply now for your Director ID November 16, 2022 If you are a director appointed under the Corporations Act 2001 on or before 31 October 2021, you must apply for a Director ID by 30 November 2022. Read more
Accounting Using On-demand Legal Documents: Aren’t They All The Same? August 16, 2022 Not all trust, company and self-managed superannuation fund (SMSF) documents are identical. It is important to make sure that you use the correct documents for your legal situation, and ensure… Read more
Tax Legislation How the ATO GST fraud crackdown can impact legitimate refund claims June 14, 2022 The ATO has launched an investigation into large-scale GST fraud attempts, which is delaying legitimate refund claims and impacting business cashflow. Read more
Audit Section 100A: why so much attention? May 5, 2021 One of the areas of particular interest to the ATO is s 100 of the ITAA 1936. This article looks at what s 100 is, why it has garnered significant attention in recent years, and respective guidance for tax advisors. Read more
ATO Professional bodies respond to allocation of profits draft guidelines May 5, 2021 The professional bodies have released their joint submission to the ATO’s Draft Practical Compliance Guideline PCG 2021/D2. Read more
Risk and Compliance On-demand WEBINAR: Beyond the FinCEN files: Building a better framework for financial intelligence October 26, 2020 Beyond the FinCEN files: Building a better framework for regulatory intelligence. Hear from global experts on the future agenda for AML/CTF compliance. Read more
Risk and Compliance ASIC Chair stands aside pending review into relocation expenses October 26, 2020 ASIC Chair, James Shipton, has stood aside pending a review into relocation expenses, including for income tax advice paid for by ASIC. Read more
Research and Commentary Federal Budget 2020-21: Initial observations on some of the major tax measures affecting business October 20, 2020 This year’s highly anticipated Budget sets in motion key aspects of the economic recovery plan through a mixture of tax cuts, business concessions and bold measures to stimulate spending and investment. Read more
Research and Commentary New corporate residency test: Board of Taxation releases report October 19, 2020 The Board of Taxation released its report Review of Corporate Tax Residency on 6 October 2020. The report was completed in July 2020. Read more
Research and Commentary Budget: Super trustees – new best “financial” interests duty October 8, 2020 The Government has announced that it will legislate to compel trustees of APRA-regulated superannuation funds to act in the best “financial” interests of their members. Read more