Cultivating high-performance boards
From Institute of Company Directors: High-performing boards must engage in continuous self-evaluation to enhance their governance practices and ensure long-term organizational success.
Effective board … read more
Ed.
November 2024 Round Up – Family Trust Elections
From www.knowledgeshop.com.au: The November 2024 Tax Round Up highlights updates on family trust elections (FTEs) and the ATO’s finalized guidance on section 99B, which … read more
Hitting CTRL+Z on liquidation
From worrells.net.au: Companies in liquidation may have opportunities to reverse their situation, allowing them to continue trading rather than facing permanent closure.
Two key … read more
One strike and you’re out?
From worrells.net.au: ASIC can disqualify a company director from managing corporations for up to five years if they were an officer of multiple companies … read more
Small business profitability and risk benchmarks report 2024
From www.charteredaccountantsanz.com: Chartered Accountants Australia and New Zealand has launched its inaugural Australian small business profitability and risk benchmarks report for 2024, in collaboration … read more
How to keep clients loyal and happy
Accountants can enhance client retention by demonstrating care through the “CARE” framework, which emphasizes credibility, appearance, reliability, and empathy – from bookmarklee.co.uk.
Building strong … read more
ATO’s top GST targets
From www.accountantsdaily.com.au: The ATO is intensifying its compliance efforts regarding unpaid GST, particularly through the issuance of DPNs.
Key areas of focus include property … read more
AI and Your Obligations as AFS Licensee
From www.investmentlawwatch.com: Australian Financial Services licensees are increasingly adopting artificial intelligence but often neglect their existing regulatory obligations, raising concerns about consumer risks.
The … read more
Capital Gains Tax On Property In Australia
From justicefamilylawyers.com.au: Capital Gains Tax in Australia applies to the profits from selling or disposing of assets like property, with tax obligations arising when … read more
NSW payroll tax relief for medical centres
From www.bartier.com.au: New South Wales medical centres can now access a payroll tax exemption and rebate for wages paid to GPs engaged as independent … read more
4 Super Easy Ways to Increase Your Firm’s Referrals
From insightfulaccountant.com: Referrals are crucial for increasing a firm’s prospect pipeline and can be more valuable than traditional marketing methods.
To boost referrals, firms … read more
Court interpretation of section 563B
Reported at corrs.com.au: A landmark interpretation of section 563B of the Corporations Act 2001 regarding creditors’ entitlement to interest on admitted claims by a … read more
November 2024 Monthly Tax Update Andersen in Australia
From au.andersen.com: The November 2024 Monthly Tax Update from Andersen Australia outlines recent legislative changes, including the increase in the penalty unit value for … read more
Paying with scrip? Key considerations for junior ASX-listed mining companies
From jws.com.au: ASX-listed junior mining companies are increasingly using scrip as a form of consideration for mergers and acquisitions due to significant price drops … read more