by Nicole Kelly | May 30, 2023 | News
With the tax return season around the corner, the ATO announced its latest crackdown will focus on rental property deductions, work-related expenses and CGT. In the recent budget, the ATO received $89.6 million to help and expects to reduce the volume of...
by Carlos Manaog | May 29, 2023 | Features
Australia’s largest mining companies are notorious for shifting profits to avoid the 30% company tax rate. It is common to use marketing hubs in Singapore, where the headline tax rate is 17% but various incentives often lower the effective rate to about 5%. Paying...
by Chris Sheedy | May 26, 2023 | Features
As the largest bait wholesaler in Australia, Tweed Bait faces a difficult challenge because it distributes plastic products that are unwrapped near our waterways. As such, the business has a deep interest in the maintaining the health of our coastlines, and keeping...
by IPA | May 25, 2023 | Features
The Federal Budget contained several measures to support Australia’s clean energy transition to support Australia’s commitment to reducing greenhouse gas emissions to 43% below 2005 levels by 2030, and pledged to reach net zero by 2050. Immediate action is necessary...
by Carl Rhodes | May 24, 2023 | Features
PwC Australia’s chief executive Tom Seymour and two other board members, Pete Calleja and Sean Gregory, last week finally resigned their leadership positions over the use of confidential information about Australian tax policy to help PwC clients avoid paying tax. In...