by tonygreco | Jul 1, 2015 | Compliance and Standards, Features
Despite its importance, small business has been left to deal with an ever-increasing compliance burden while it is coming to grips with the impacts of digital technology. It is pleasing to see that, at last, the small business sector is receiving some much-deserved...
by tonygreco | Dec 17, 2014 | Blog
Financial planners require an understanding of tax laws in nearly all the activities undertaken in providing professional advice to a client. Financial planners consider the tax implications for clients when advising on super, investments, savings mechanisms, estate...
by tonygreco | Jul 26, 2013 | Compliance and Standards, Features
The announcement that the Federal Government has requested the Board of Taxation (BOT) to undertake a post-implementation review of Division 7A provides a ray of light. The IPA has long advocated in its pre-Budget submissions for such a review and wholeheartedly...
by tonygreco | Mar 28, 2013 | Features
Every year, the Federal Treasurer invites all citizens, including associations, to submit their ideas on what changes the Government should consider in its upcoming Budget. Due to its singular focus on its desire to achieve a Budget surplus, the Government has shifted...
by tonygreco | Jan 30, 2013 | Features
The effective start date for the proposed reforms to the trust income tax provisions in Division 6 is still expected to be 1 July 2014. The proposed reforms will have significant implications for all taxpayers operating through trust structures, and we urge members to...