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Nov 08, 2019 / News
Valuation of Winestock
Except under special circumstances such as obsolescence, the tax law provides the taxpayer a choice to opt for any one of the following methods to value the trading stock at the end of the income year. Read more
Oct 29, 2019 / News
Accessing the Producer Rebate on Museum Stock
From 1 July 2018, to qualify for the WET producer rebate on assessable dealings of wine, a producer must meet new eligibility criteria. Read more
Oct 23, 2019 / News
Demise of Special Purpose Financial Statements
From 1 July 2020, many companies preparing financial statements in accordance with the Corporations Act 2001, other legislation, their constituting documents or other agreements will be prevented from preparing Special Purpose Financial Statements (“SPFS”). At the same time, the existing Tier 2 Reduced Disclosure Regime (RDR) will be replaced by new disclosure requirements. Within the following update, we explain the impacts. Read more
Oct 03, 2019 / News
Your outstanding tax debts: Exposed for everyone to see
A Bill before Parliament, which will likely pass, will permit the ATO to report your outstanding tax debts to Credit Reporting Bureaus (CRB) Read more
Sep 23, 2019 / News
Super Guarantee amnesty back on! Use it, or else!
The Government has entered a Bill into Parliament to reignite the previously lapsed superannuation guarantee amnesty. But this time it takes a new turn by adding a stick to the carrot. Read more
Aug 19, 2019 / News
Market Update August 2019
Investors brace for another bout of market volatility as US-China relations take a turn for the worse, with a brewing tech cold war now on the agenda. Read more
Aug 19, 2019 / News
Sustainable Investing
There is no doubt that interest in responsible investments is growing. Read more
Aug 19, 2019 / News
Eight strategies to help grow your super
The start of a new financial year is a good time to think about how you could grow your super by taking advantage of tax concessions. Read more
Aug 13, 2019 / News
Estate Planning: Where is the Value?
Estate Planning is a morbid and sometimes confronting topic, which is why it is an often-neglected area of advice. Estate Planning undoubtedly creates value, but where? Read more
Aug 13, 2019 / News
Financial Reporting Developments
Nexia Australia and New Zealand Technical Director Martin Olde highlights the changes to the definition of a large proprietary company, the AASB’s project to remove the ability of companies to prepare special purpose financial statements and other recent developments. Read more
