Tax Q&A – Aug/Sep 2012

Tax Q&A – Aug/Sep 2012

All legislative references are to the Income Tax Assessment Act 1997 (ITAA 1997) unless specified otherwise. A taxpayer will be entitled to a deduction for interest incurred on a borrowing where it satisfies the requirements of s 8-1. In order for the interest expense...
Why consider diversification

Why consider diversification

We all agreed on the need. But it is, of course, easier said than done. There are a lot of unanswered questions remaining. Diversify into what types of advice? And how? Will I need further education? Will I need to get a licence? What will it cost and what is the...
Seize the day

Seize the day

SMPs provide a broad range of high-quality professional services, from the traditional audit, accounting, and tax services, to value-adding business advisory, to meet the needs of their clients who are typically small- and medium-sized entities (SMEs). SMEs are...

President’s report: Building an international network

The Institute continues to focus on showcasing members on an international stage. In May and June, chief executive officer Andrew Conway was present at a number of international forums representing the Institute. Andrew was invited to present the 2011-2012...