Accountants told of vital role in R U OK? Day

Accountants told of vital role in R U OK? Day

Today marks R U OK? Day, run by the eponymous charity, aimed at tackling the issue of suicide.The campaign aims to start a conversation around mental health and wellbeing in a bid to reduce the number of suicides in Australia.The mental health of small business owners...
IPA welcomes insolvency reforms

IPA welcomes insolvency reforms

Earlier this week, the government confirmed that the Treasury Laws Amendments (2017 Enterprise Incentives No. 2) Bill 2017 passed through Parliament. Minister for Revenue and Financial Services, Kelly O’Dwyer said the proposed ‘safe harbour’ will apply to directors of...
Uncertainty over small business tax cuts causing frustration

Uncertainty over small business tax cuts causing frustration

The Enterprise Tax Plan was introduced to cut the corporate tax rate to 25 per cent for all companies regardless of their annual turnover.The plan has seen a reduced rate of 28.5 per cent for companies under the $2 million threshold in the 2015-16 year before...
New draft tax legislation released

New draft tax legislation released

Minister for Revenue and Financial Services Kelly O’Dwyer has released Treasury Laws Amendment (2017 Measure No. 9) Bill 2017: Consolidation and an explanatory memorandum for public consultation. Ms O’Dwyer said the measures were aimed to restore integrity to the tax...
Mid-tier predicts WA budget economic backlash

Mid-tier predicts WA budget economic backlash

Pitcher Partners managing director Leon Mok has taken aim at hikes to the gold royalty rate, payroll tax, and the new levy for foreign buyers purchasing residential property.In an attempt to bring WA’s budget back to surplus by 2021, Premier Mark McGowan has targeted...