by Shared by Australian Financial Review | Jun 18, 2018 | News
The government is tantalisingly close to securing the numbers to get the three stages of its $144 billion income tax cut package passed in full – including cuts for high-income earners – needing just one more crossbencher’s support.Read the full article at the...
by Shared by Australian Financial Review | Jun 11, 2018 | News
Tax officials released a list of concerns they have over the way some firms are using service trusts, a technique used by partnerships to split the profit from the main operation into parts and to protect assets, after withdrawing the old rules for allocating profits...
by Shared by Australian Financial Review | Jun 7, 2018 | News
Mr Morrison oversold the plan as “protection” against “bracket creep”, but it returns only $20 billion of the $52 billion personal income tax slug from bracket creep over the next decade, creating risks for the government, Ms Wood writes in The...
by Shared by Australian Financial Review | Jun 6, 2018 | News
The Accounting Network, which had its soft launch last year and has 15 pilot clients, is aimed at small and medium-sized enterprises that need help ensuring they adhere to new and existing accounting standards when preparing financial reports.Read the full article at...
by Shared by Australian Financial Review | Jun 5, 2018 | News
What about the argument that the $702.5 million penalty the bank has agreed to pay – money that would either have gone as dividends to shareholders or to shore up the bank’s capital buffer – is too high a price to pay to settle the civil proceedings that AUSTRAC...