The Institute of Public Accountants (IPA) says it broadly supports the proposed small business tax cut, but has called for the cut to be applied to a broader range of businesses.
Read MoreWhat should employers report on an employee’s statement of earnings (which most people still call a group certificate)?
Read MoreThe tax office has warned members of self-managed super funds against claiming franking credit benefits by channelling dividends from shares in private companies through SMSFs.
Read MoreLimited recourse borrowing arrangements (LRBA) used to acquire assets within superannuation will be scrapped if the recommendations of the Financial System Inquiry (FSI) report are followed.
Read MoreThe following hyperlinks represent only a small selection of professional opinion about the 2015 Federal Budget their thoughts may be of interest to you
Read MoreLast night the Australian Federal Treasurer, Joe Hockey, delivered the Budget for 2015-2016.
Read MoreThe Institute of Public Accountants (IPA) has recommended a zero per cent tax rate for some small businesses, a move it says will drive productivity and future economic viability.
Read MoreAlthough hopefully a very uncommon occurrence, there will be questions for the pay office of most employers after the death of an employee.
Read MoreRecent ATO rulings and interpretations emphasise the need to understand the rules about paying account-based income streams and transition to retirement pensions.
Read MoreSuperannuation is an extremely effective investment vehicle for most people, but is not necessarily appropriate for all.
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This is a highly targeted Budget that seeks to keep change within community tolerance levels.
Read MoreMid-size businesses stand to lose research and development (R&D) incentives and miss out on promised company tax rate reductions as a new bill was introduced to Parliament, according to Grant Thornton.
Read MoreLand tax is an annual tax based on the total value of land owned in Victoria, whether you own it individually or jointly.
Read MoreKeeping small businesses out of messy, costly and protracted disputes is the aim of a one-stop-shop online dispute tool.
Read MoreThe Australian Competition and Consumer Commission (ACCC) has issued a warning to accountants to be on the lookout for scams targeting their small business clients.
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Are you worried about the risk of fraud occurring in your business?
Read MoreAcquiring assets from related parties can be a minefield, but some SMSF practitioners continue to struggle with the basics.
Read MoreThe Fair Work Commission (FWC) has ruled than an employee’s overtime payments can be considered part of an employee’s annual earnings under the Fair Work Act 2009 (FW Act) where such overtime is determinable in advance.
Read MoreEven the young these days should to be increasingly aware of their financial position and all can do with a little help.
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A very brief and simplistic checklist for SMSF trustees to undertake well before 30 June 2015