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24
Oct

Update on Depreciation for Investment Properties

As part of the Federal Budget in May this year, the Government announced major changes to the operation of the depreciation regime, specifically in relation to residential property investors. The announced changes limit the depreciation deductions on “plant and equipment”, being any equipment that can be easily removed from the...

24
Oct

ESV's General Manager - Ashima Seth - Winner at SMSF and Accounting Awards

The achievements of ESV’s General Manager of Operations & Finance, Ashima Seth, have been recognised, as she won "Office Manager of the Year" at the inaugural SMSF and Accounting awards.

26
Sep

Cybercrime- A growing concern for Australian Business

As businesses rely more and more on technology cybercrime has become a growing concern for organisations not only globally but locally too. Increasingly, businesses in Australia are facing cyber-threats and data breaches are becoming a matter of daily headlines.

26
Sep

Doing Business – Thinking Globally

As a founding member of The International Accounting Group (TIAG), ESV Accounting and Business Advisors has long recognised the need for our clients to be supported on the ground by like-minded independent professionals, wherever in the world they are doing business  

26
Sep

Growing Disclosure Requirements

The ATO has recently announced that they are extending the ,already existing, onerous disclosure requirements for corporate entities by extending the obligation to lodge the Reportable Tax Position (RTP) schedule to companies in economic groups that have a turnover of greater than A$250M.

26
Sep

Changes to the Loss Recoupment Rules – The Similar Business Test

The government has recently introduced draft legislation which proposes to create a new framework for determining whether a company recoup tax losses that it incurred prior to a change of control or ownership.