6 Insights for Accountants
From insightfulaccountant.com: (US context) The 2025 Intuit QuickBooks Small Business Index Annual Report reveals key insights for accountants, highlighting shifts in small business debt … read more
Month: March 2025 AWST
What is the singles tax?
From www.abc.net.au: The term “singles tax” describes the additional financial burden single individuals face compared to those in couples, resulting from higher living costs … read more
Is AI policy swinging to innovation before risks are resolved?
From gtlaw.com.au: The discourse explores the global AI policy shift from safety to innovation, emphasizing unresolved risks, deepfakes’ threat to democracy, misalignment risks in … read more
Could A Trump Cruise Tax Help Australia?
From cruisepassenger.com.au: Commerce Secretary Howard Lutnick has announced that the Trump administration plans to impose heavier taxes on the cruise industry, prompting a significant … read more
Why Are Boards Unable to Generate Value From ESG?
From alvarezandmarsal.com: There are increasing expectations on boards to address ESG issues and they face challenges in creating value from these initiatives.
Article provides … read more
What has 35 years in insolvency taught me?
From worrells.net.au: ‘Reflections from a lifetime of insolvency expertise.’
Michael Griffin reflects on his 35-year journey with Worrells, a dedicated insolvency firm that has … read more
Production Tax Incentives for Critical Minerals
From www.pwc.com.au: On February 14, 2025, Australia’s Critical Minerals Production Tax Incentive (CMPTI) and Hydrogen Production Tax Incentive (HPTI) were legislated, providing significant tax … read more
Alternatives to SMSF borrowing to buy property
From www.smsfadviser.com: An SMSF can invest in a unit trust as an alternative to establishing a limited recourse borrowing arrangement (LRBA), allowing greater resource … read more
Understanding superannuation death taxes
From www.thesenior.com.au: Superannuation death benefits can face taxation when passed to non-dependent beneficiaries, potentially reducing the total amount by up to 17%.
Dependent beneficiaries, … read more
Succession planning is simply good governance
From www.aicd.com.au: Succession planning is essential for effective governance and should be a continuous process rather than an event-driven one, as evidenced by recent … read more
Regulations challenging and stressful for directors
From www.aicd.com.au: A recent KPMG Australia report reveals that 68% of directors find the current regulatory environment “challenging and stressful,” with rising accountability towards … read more
Addressing psychosocial risk of social media in the workplace
From www.aicd.com.au: Almost 80% of Australians use social media daily, posing significant legal and psychosocial risks for companies, directors, and employees.
Employers must ensure … read more
New wage theft laws require proactive director oversight
From www.aicd.com.au: New Australian wage theft laws, effective January 1, 2025, impose significant penalties on employers and directors for intentional or unintentional underpayment of … read more
The ethical and business case for diversity
From www.aicd.com.au: The Court of Appeal for the Fifth Circuit in the U.S. vacated the SEC’s approval of Nasdaq rules requiring board diversity, questioning … read more
A guide to priority payments in a liquidation
From worrells.net.au: Liquidation is the process of closing a company and distributing its assets to creditors, overseen by a liquidator who resolves claims based … read more