From www.pwc.com.au: The Federal Court ruled in favor of the Toowoomba Regional Council, determining that its car park facility was not classified as a “commercial parking station” under fringe benefits tax (FBT) law, as it was not operated for profit.… read more
From www.pwc.com.au: Employers need to review vehicle arrangements for the 2025 Fringe Benefits Tax (FBT) year, particularly regarding the sunsetting of the exemption for plug-in hybrid electric vehicles (PHEVs) after March 31, 2025.… read more
From publicaccountant.com.au: Marcus Aurelius applied stoic philosophy to manage his challenges as a Roman emperor, offering timeless insights relevant for modern professionals.
Key principles include focusing on what can be controlled, breaking problems into manageable parts, setting boundaries, and preparing for difficulties to reduce anxiety.… read more
From www.cglaw.com.au: Recent legal developments in Australia have confirmed that cryptocurrency is classified as personal property, specifically a chose in action, according to the Supreme Court of Victoria in the case of Re Blockchain Tech Pty Ltd.… read more
From www.bleepingcomputer.com: Google has launched Firebase Studio, a cloud-based AI-powered integrated development environment that enables users to create full-fledged apps using prompts and natural language descriptions.… read more
From www.icaew.com: (UK context) The UK government has launched a new Cyber Governance Code of Practice to enhance cyber resilience in businesses, urging them to develop strategies that integrate cyber risk management with overall business resilience.… read more
From hlb.com.au: Company boards must assess the rigor of their corporate governance frameworks in light of rising insolvencies, as failures in governance can lead to significant personal liability for directors.… read more
From hlb.com.au: HLB Mann Judd’s Autumn 2025 newsletter discusses key topics such as the rise in insolvencies affecting boards, the importance of business succession planning, and minor tax benefits from the recent Federal Budget.… read more
From hlb.com.au: The Full Federal Court ruled that unpaid entitlements for corporate beneficiaries of family trusts should not be treated as loans, challenging the ATO’s prior stance requiring compliance with Division 7A loan terms.… read more
From hlb.com.au: The 2025 Federal Budget presented on March 25 includes a reduction in the personal income tax rate for the lowest bracket, set to decrease from 16% to 15% in July 2026 and to 14% in July 2027.… read more
From www.accountingweb.co.uk: (UK context) M&A activity in the accounting sector is on the rise, with emphasis on the importance of cultural fit and personal relationships in successful deals.… read more
From www.aumanufacturing.com.au: The article discusses the resurgence of domestic manufacturing policies in response to vulnerabilities exposed by the COVID-19 pandemic and geopolitical tensions, particularly trade wars and China’s manufacturing dominance.… read more
From www.heffron.com.au: Couples separating who have an SMSF should involve their SMSF accountant or administrator early, as they can address specific SMSF issues and provide insights beyond just the account balance.… read more
From www.claytonutz.com: Australia will implement a ban on the import, export, use, and manufacture of three types of PFAS: PFOS, PFOA, and PFHxS, effective from July 1, 2025.… read more
From www.claytonutz.com: On March 14, 2025, the Treasury released an exposure draft proposing Payday Super reforms that would require employers to pay superannuation guarantee contributions within seven days of employee earnings, starting July 1, 2026.… read more