by epoch | Sep 5, 2017 | eNews
ASIC is in the midst of a concerted campaign targeting private companies that have outgrown the reporting exemptions. ASIC requires companies to prepare and lodge a financial report and a directors’ report each financial year, and have the accounts audited unless the...
by epoch | Aug 2, 2017 | eNews
The Federal Budget announced that non-residents will no longer be able to access the main residence exemption for Capital Gains Tax (CGT) purposes from 9 May 2017 (Budget night). Now that the draft legislation has been released, more details are available about how...
by epoch | Aug 2, 2017 | eNews
Does superannuation offer an avenue to help downsizers and first home savers? The Government seems to think so. Late last month the detail of the housing initiatives announced in the Federal Budget were released for consultation. I explore what’s on offer and the...
by epoch | Aug 2, 2017 | eNews
Every so often the Australian Taxation Office (ATO) sends a ‘shot across the bow’ warning taxpayers where their gaze is focussed. Last month in a speech to the National Press Club, Tax Commissioner Chris Jordan did exactly that. Part of the reason for this public...
by epoch | Jul 7, 2017 | eNews
The new financial year typically brings a number of important changes for business, individuals and the economy as a whole. Here’s a summary of the key things to remember from 1 July 2017: GST applies to digital products & services imported by consumers Small...