Financial Archive

Tax Fundamentals: What advice can I rely on?

In 2015, the Government released its tax White paper titled ‘Re:think Tax discussion paper’. As part of the discussion on complexity, the paper noted:

In the 1950s...

How GST applies to Vouchers

This article looks at how GST applies to vouchers, and highlights that not all vouchers are treated the same way under the GST provisions. In particular, it looks at...

Top 10 Budget Takeaways

Apart from the promised phased personal income tax cuts and the “overhaul” of the R&D tax incentive, the 2018 Federal Budget did not contain many measures that resembled significant...

Keeping it clean

Money laundering is big business, with an estimated $15 billion laundered annually in Australia. When coupled with the impression of respectability, legitimacy and credibility, the gatekeeper role played by...

It’s Time!

If accountants want to be involved in an exciting “new income stream” – now is the time to make sure that your team has been trained and reviews have...

Equity Crowdfunding Forecast to Grow Tenfold in Just 5 Years!

Australia is expected to follow Crowd-Sourced Funding trends in the United States and United Kingdom as these markets have already adopted Crowd-Sourced Funding reforms which have overseen massive growth...

Are Super Reforms set to close the SMSF gender gap?

As the impact of Super Reforms continues to roll-out across the SMSF industry, the latest Class SMSF Benchmark Report reveals interesting insights into the average SMSF balances of males...

‘How Do We Raise Capital?’ Is a Question Accountants Will Hear More Often!

The full effect of the opportunities for small/medium enterprises to raise capital will be evident to accountants as we approach the commencement of Crowd-Sourced Funding Equity Raising which commences...

Graham Tuckwell leads $3 million investment into robo-adviser Stockspot

Exchange traded funds pioneer and Rich Lister Graham Tuckwell has led a $3 million capital raising for Stockspot, a disruptive robo-adviser that gives investors access to low-cost ETFs.

Mr Tuckwell,...

Crowd-Sourced Equity Funding Bill Reintroduced to Parliament

The Australian government has tabled new legislation relating to the authorisation of Crowd-Sourced Funding for Australian businesses.

The bill amends the Corporations Act 2001 and the Australian Securities and Investments...

So, an SMSF is a safe place to keep your assets – right?

The Concern

Until recently, it has generally been assumed that self-managed superfunds (SMSFs) are, as a practical matter, outside the ambit of payroll tax grouping....

Peace of mind – even when the tax laws are against you

Taxpayers recently got a rude awakening at the hands of the federal government. Despite complaints of “heavy-handed and unfair treatment” by the Australian Taxation Office, the government announced that...

SMSF, Protecting Clients and Staying Under the ATO Radar – Part I

I have been asked, if you had a general accounting practice and clients with SMSF (for whom you did the administration) what special work would you do for them? ...

Why A Corporate Trustee Makes Sense

This question can be expected. Read more on Why A Corporate Trustee Makes Sense…

Show Buttons
Hide Buttons