Trust But Verify (With A Minimum Investment Amount)
From www.investmentlawwatch.com: (US context) On March 12, 2025, the SEC staff issued a no-action letter regarding offerings under Rule 506(c) of Regulation D, confirming … read more
Month: March 2025 AWST
Reporting Regulation and Corporate Innovation
From www.sciencedirect.com: Mandatory financial reporting in Europe negatively impacts corporate innovation by reducing the number of innovating firms and average innovation spending, particularly among … read more
Overcoming challenges in auditing compliance
From www.smsfadviser.com: (Podcast) Discussion of the challenges auditors face during the current auditing season, particularly with the ATO’s heightened scrutiny of compliance.
Includes maintaining … read more
ATO flags FBT target areas for 2025
From www.accountantsdaily.com.au: The ATO has identified common errors employers make regarding fringe benefits tax (FBT), particularly around vehicle classification and logbook accuracy.
Employers often … read more
‘Benevolent’ bosses more generous with company tax info
From theconversation.com: Benevolent CEOs, characterised by their charitable nature and leadership roles in non-profits, tend to promote greater tax transparency and accurate reporting within … read more
December quarter unveils personal insolvency surge
From www.accountantsdaily.com.au: The Australian Financial Security Authority reported a 7.1% increase in personal insolvencies for the December 2024 quarter, with 2,794 new cases compared … read more
Commercial property market has reached ‘inflection point’
From www.professionalplanner.com.au: Charter Hall predicts the commercial property market in Australia has reached an inflection point, indicating an end to the decline in valuations … read more
ASIC sues AustralianSuper over death benefit claims
From asic.gov.au: ASIC is suing AustralianSuper for failing to efficiently process nearly 7,000 death benefit claims, with delays ranging from four months to four … read more
NFPs resilient in the face of governance challenges
From www.aicd.com.au: The AICD’s 2024-25 Not-For-Profit Governance and Performance Study indicates that three-quarters of directors believe their organisations effectively achieve their purpose, despite challenges … read more
Recommended steps in SMSF borrowing
From www.smsfadviser.com: An SMSF must amend its trust deed prior to engaging in limited recourse borrowing.
Essential steps for trustees include reviewing the trust … read more
UK lenders face huge car loan payout bill
From www.theguardian.com: (UK context) The Financial Conduct Authority is set to announce a compensation scheme for consumers who were mis-sold car finance, following a … read more