by Staff Reporter | May 10, 2015 | Blog
There has never been a better time to sell an accounting practice, experts say. And it will likely be a very long time before such a perfect environment for vendors exists again. In Victoria, only 30 to 40 accounting practices are sold annually, according to Pat Camm,...
by Staff Reporter | May 10, 2015 | Features, Technical Advice
Engaged and capable employees underpin the success of most entities. It is difficult to quantify the precise impact when innocent employees are the subject of allegations of fraud, corruption, misbehaviour and other wrongdoing, but the potential cost can be...
by Staff Reporter | May 10, 2015 | Features, Technical Advice
CGT small business concessions loom large in the life of most small business operators who make a capital gain from the sale of business assets. However, in determining whether the taxpayer’s business qualifies as a ‘small business’ for these...
by Staff Reporter | May 10, 2015 | Features, Technical Advice
TREND 1: Race to the bottom The business environment is now littered with broken companies and suppliers who engaged in a toxic race to the bottom, pushing prices lower than the supply chain could accommodate. Unprofitable supply chains can only deliver risk and...
by Staff Reporter | May 10, 2015 | Blog
It’s unfortunate that there is no bipartisan support for a major tax overhaul. In fact, some describe the current political climate as toxic. So far, the tabloid tax debate has centred on whether the GST should be increased or not. Understandably, the public is...