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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.

26
Sep

How can a family office help you?

The concept of a family office has been doing the rounds over the years, but what does this mean and can it add value and, more importantly, be an effective tool to assist a family in achieving its goals.

26
Sep

ESV Reporting- helping you put a spotlight on your business

It is widely acknowledged that owners who have a clear understanding of their business performance metrics and visibility of opportunities and risks are much more likely to survive and prosper.  Successful ventures don't operate in the dark.

31
Aug

Payroll Tax Grouping Provisions

A recent decision made by the New South Wales court of Appeal has again raised the profile of the grouping provisions for Payroll Tax purposes. Specifically, the case concerned revolved around the interaction of grouping provisions and companies or employing entities that may on the face of it be unconnected.

24
Aug

Events based reporting and new requirements for SMSFs

Further to the Government’s tinkering in respect of the taxation of superannuation last year, additional requirements have been put into place for superannuation funds, including SMSF’s who will now have to report certain income stream events to the ATO.

24
Aug

Main Residence Capital Gains Tax (CGT) Exemption Changes

Treasury has finally released the draft legislation detailing the changes proposed in the 2017-18 Federal Budget surrounding the CGT main residence exemption.