by Maja Garaca Djurdjevic | Mar 7, 2019 | News
The AAT affirmed ASIC’s decision on 4 February 2019 on the grounds that Chalhoub Nominees’ professional indemnity insurance was inadequate. It also found that the nominated responsible manager, Akram El-Fahkri, could not meet the knowledge requirements because he had...
by Maja Garaca Djurdjevic | Mar 6, 2019 | News
The Australian Taxation Office (ATO) has released updated benchmark data to help small businesses across the country compare their performance with their competitors and ‘swim between the flags’. Assistant commissioner Peter Holt said that businesses should use the...
by Maja Garaca Djurdjevic | Mar 6, 2019 | News
The Australian Small Business and Family Enterprise Ombudsman, Kate Carnell, welcomed the joint standing committee report on access to free trade agreements (FTAs) by small and medium enterprises and urged bi-partisan support for key recommendations. “The...
by Maja Garaca Djurdjevic | Mar 5, 2019 | News
Company gross operating profits rose by a weighty 9.6 per cent on the year in the December quarter of 2018, the ABS reported on Monday. On seasonally adjusted basis, gross operating profits jumped 10.5 per cent on the year. Quarter-on-quarter, company gross operating...
by Maja Garaca Djurdjevic | Mar 5, 2019 | News
Small business taxpayers wanting an external review of an adverse tax decision by the Australian Taxation Office through the Administrative Appeals Tribunal (AAT) can now contact the office of the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) for...