News Articles

April 2014

1
Apr

Fringe Benefits Tax - Tricks and Traps

The Fringe Benefits Tax (FBT) year concluded on 31 March 2014. Being aware of some of the common tricks and traps may help you complete your FBT return and reduce the amount of FBT you pay.

3
Apr

SuperStream - The Way Forward

As you may be aware, the government is seeking to streamline a lot of business processes. This includes a reform called SuperStream which is designed to improve the administrative function of the superannuation system.

3
Apr

Project Do It - A Tax Amnesty in all but Name

The Tax Commissioner has urged all taxpayers with offshore assets to declare their interests ahead of a global crackdown on international tax havens.  Historic "tax havens", including Switzerland and the Cayman Islands were increasing transparency, eliminating previous road blocks to ATO prosecutions and increasing recovery of previously undisclosed income and assets.

17
Apr

Superannuation and the Certainties in Life

As the saying goes there are only two certainties in life: death and taxes, however, until recently a third existed – taxes after death.  Yes, that’s correct, taxes after death in so far as superannuation funds in pension mode would be subject to tax on earnings post death of the...

24
Apr

Debt and Banking Advisory – All the Way with DBA

When discussing our clients’ business banking needs, we often find they are not across all of the terms of their current banking facilities as they are focused on other aspects of their business.  While reviewing the terms of your banking facilities can be a time-consuming process, understanding these details is...