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R&D Tax Incentive Overhaul

The Research and Development (R&D) tax incentive is an offset designed to encourage eligible companies to undertake R&D activities that are likely to benefit Australia's wider economy. It provides a tax offset to eligible companies…
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Tax Time Focus Areas for Individuals

It's tax time again, as you gather your receipts and other assorted tax documents, you should also turn you mind to what the ATO is paying close attention to this year. This year, the ATO is focusing on taxpayers who claim "other" work-related…

Explanatory Memorandum August 2018

Government launches new service to simplify business registrations The government on 29 June 2018 officially launched the new stand-alone Business Registration Service, providing a simpler and clearer way to register a business. The service…

Client Alert - August 2018

Government launches new service to simplify business registrations The government has officially launched a new stand-alone Business Registration Service, providing a simpler and clearer way to register a business. The service is available…
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Downsize to Boost your Super

Now all the kids have all flown the coop and you're left with an empty nest, it might be a good time to consider downsizing to pursue that ultimate retirement dream; fishing beside a river, surfing every morning, or getting up to that fresh…
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Cash Payments Limit Coming Soon

As a part of the crackdown on black economy, the Government is planning to introduce an economy-wide cash payment limit of $10,000. Any payments made to businesses for goods and services from 1 July 2019 would be captured, and if the transaction…
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A stocktake of Superannuation policy

The following is a brief stocktake of the main changes introduced  from 1 July 2017. $1.6m total superannuation balance Once a member’s total superannuation balance hits $1.6 million, there is no further opportunity to make any further…
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The Lure of Fraud

IN BRIEF__________________________________________________________________________________________________________________________ Fraud is on the rise and is often very costly for victims. Gambling and financial pressures may encourage…

Explanatory Memorandum July 2018

Business lending practices in spotlight at Royal Commission Bank lending practices for small and medium enterprises (SMEs) were in the spotlight when the Financial Services Royal Commission (FSRC) held round three of its public hearings from…