Legislation makes many accountants responsible for the health and safety of the workers in their organizations. How do you ensure your business is safe?
New Zealand’s workplace health and safety records paint a very grim picture.
Every year, 50 to 60 people are killed in workplace incidents, and hundreds more die as a result of work-related ill health. New Zealand’s fatality statistics…
Superannuation downsizing measures to become reality
The government has passed elements of its housing affordability plan, allowing those over the age of 65 to funnel money from the sale of their home into super.
As of 1 July 2018, Australians aged 65 and over who are selling a home they’ve…
ATO's 2018 hit list targets smaller tax avoiders
In an interview with Acuity, Australian Tax Commissioner Chris Jordan FCA spells out his new agenda for 2018, where he sets small business and big spenders in his sights.
In Brief
ATO Commissioner Chris Jordan gives Acuity the first…
Top 10 tips to help rental property owners avoid common tax mistakes
Whether you use a tax agent or choose to lodge your tax return yourself, avoiding these common mistakes will save you time and money.
The Australian Taxation Office has published the following list.
Keeping the right records
You…
New depreciation legislation for Australian property investors – Second-hand residential properties
In one of the most dramatic changes to property depreciation legislation in more than 15 years, Parliament has passed the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 as at Wednesday 15th November 2017, with the Bill now legislation.
…
Client Alert Explanatory Memorandum (December 2017)
Consultation paper: combating phoenix activities
The Federal Government has released a consultation paper on company and tax law reforms to combat phoenix activities. Phoenixing occurs when individuals or entities strip assets from an indebted…
Client Alert (December 2017)
Consultation paper: combating phoenix activities
The Federal Government has released a consultation paper proposing company and tax law reforms to combat phoenix activities.
Phoenix activities involve stripping assets from a company that’s…
Client Alert Explanatory Memorandum (November 2017)
Compensation for ATO systems outages
After the ATO’s unplanned system outages, it provided lodgment deferrals, and remitted interest and penalties where the outages affected practitioners and their clients’ lodgments. But what about compensation?
The…
Client Alert (November 2017)
Compensation for ATO systems outages
After the ATO’s unplanned systems outages, it provided lodgment deferrals, and remitted interest and penalties where the outages affected practitioners and their clients’ lodgments.
The ATO has also…
Planning for the post-Christmas slump
Planning for the post-Christmas slump
If you have failed to properly prepare for the post-Christmas slowdown many businesses experience, you may be in for a shock when you return from your well-deserved break.
Post-Christmas is a dangerous…