Separate ATO appeals unit needed to resolve tax disputes The Inspector-General of Taxation has called for a separate appeals unit within the ATO following a review of the ATO’s management of tax disputes. The Tax Inspector noted that while the ATO’s recent initiatives represent a positive step in tax dispute management, more could be done […]
Gettler, Leon. ‘Changing Change Management’. Acuity 2.3 (2015): 48. Five tips from management guru Tom Peters on how to make change management programmes work by Leon Gettler TOM PETERS , one of the world’s most influential management thinkers, burst on to the scene 33 years ago with the publication of In Search of Excellence, an […]
Giuffre, Remo. ‘A General Thinker’s Trips For Entrepreneurs’. Acuity 2.3 (2015): 40. Print. THERE ARE GOOD, bad and ugly things about being an entrepreneur. It’s a sporadically very rewarding but often very hard life. Financial security is rarely a feature. Superannuation? What’s that? If, as an entrepreneur, you could choose another life, maybe you would. […]
Adam Ferguson. (2015). Future Tech. Acuity. 2 (1), p36-p38. THE RAPID GROWTH of cloud services and products and the adoption of the technology among the small business community has created a raft of benefits for industry and the economy. In the first quarter of this year, just under a third of SMEs in Australia and […]
IN THIS ISSUE Medicare Levy Surcharge and Private Health Insurance Rebate Superannuation guarantee rateSuper contributions caps Changes to superannuation excess concessional contribution cap Are you paying super fund fees unnecessarily? Time limits for Family Assistance lump sum payments Dabbling in Bitcoin? What’s the ‘tax’ story? What’s the ATO’s view of GST and crowdfunding? Are you […]
Andy Mclean. (2015). A Cut Above, Acuity. 1 (4), p50. If your business stakes its reputation on delivering high-quality services or products, then it’s essential you have the capability to execute-especially when the clock is tacking and deadlines loom. Andy Mclean writes, there are a number of lessons that leaders can apply to any business […]
Nicholas S Barnett. (2015). Seven Business Habits That Drive High Performance. Acuity. 2 (1), p46-p47. Why do some professional service firms continue to outperform their competition? Why do some continue to grow and others decline and become less relevant? Why do some retain and grow their client base while others lose clients and shrink? Yes, […]
Rate of tax Yes No Are you aware the FBT rate for the FBT year ending 31 March 2015 has increased to 47%?Note the FBT rate will rise to 49% for the FBT years ending 31 March 2016 and 31 March 2017. The rate was 46.5% for the FBT year ending 31 March 2014. […]
Currency: This issue of Client Alert takes into account all developments up to and including 17 February 2015. Small business tax review finds first steps for improvement On 20 January 2015, the Government announced the release of the Board of Taxation’s report on taxation impediments to the success and growth of small business, together with the Government’s response to […]
Small business tax review finds first steps for improvement The results of a review into tax impediments affecting the success and growth of small businesses has been released by the Government. The review focused on small business tax reform and, in particular, simplifying processes and cutting excessive red tape. In releasing the review findings, the […]