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...
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.
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.
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
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.
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.