The Australian Taxation Office (ATO) has been concerned for some time about how many professional services firms are structured – specifically, professional practices such as lawyers, architects, medical practices, engineers, architects etc…
A recent article published in the Harvard Business Review by Bain & Co suggests that the pandemic has widened the productivity gap between top performing companies and others.
Fringe Benefits Tax (FBT) is one of Australia’s most disliked taxes because it’s cumbersome and generates a lot of paperwork. The COVID-19 lockdowns have added another layer of complexity as many work patterns and behaviours changed.
Congratulations to Charley Tarchichi for his recent promotion to Associate Director.
We’re often asked the best way to sell a business. There are two key components at play in the sale of a business; structuring the transaction and positioning the business to the market. Both elements are important and can significantly imp…
The impact of COVID-19 has been felt very differently from region to region. Fortunes vary wildly between business operators subject to ongoing lockdowns and trading impediments to those benefiting from the “new normal”.
The government has made changes to our Insolvency Framework to help more small businesses restructure and survive the economic impact of COVID-19.
Article by Alan Burn, Content Specialist, Wolters Kluwer
The last major reform to the revenue balance of NSW state taxes was the 2005 vendor duty on property investors — what, only 15 years ago? Poorly timed and unpopular, the duty impacte…
Here is a summary of the key takeaways from a tax perspective of the 2020 Federal Budget announcement and what this means for businesses.
Now, more than ever, business operators should have a plan in place to manage during uncertain times. Even if your business is not directly impacted, it’s likely your customers, your supply chain, and your workforce will be to some extent. …