by Slye Joy | Sep 21, 2018 | Blog
We thought it would become a serious alternative to traditional forms of capital raising like IPOs and venture capital investment. New Zealand and the UK have thriving crowdfunding scenes and many predicted that Australia would follow suit. In anticipation, innovative...
by Slye Joy | Sep 20, 2018 | News
The ATO said it is on a mission to recover an annual tax shortfall of almost $1.4 billion caused by individuals who leave income out of their return. According to assistant commissioner Kath Anderson, some Australians don’t realise they need to report all their cash...
by Slye Joy | Sep 19, 2018 | News
Under the Treasury Laws Amendment (Black Economy Taskforce No. 1) Bill 2018, penalties will be introduced for the production, supply, possession or use of software that understates sales and income, Treasurer Josh Frydenberg said in a statement.The penalty for the...
by Slye Joy | Sep 18, 2018 | News
Under the Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Bill 2017, crowdfunding will be extended to private Australian companies, opening the door for start-ups and other small businesses to raise funds from the public. The legislation will...
by Slye Joy | Sep 17, 2018 | News
ASIC said in a statement that a key part of its role in overseeing the operation of the new scheme is that it’s required to approve material changes to the AFCA scheme under the Corporations Act 2001.In providing a membership update, ASIC noted that almost all...
