Beyond the grid: AI inventors target Excel’s formula
For 40 years, Excel has seen off every challenger. Now AI innovators think they may finally have the recipe that can break Microsoft's spreadsheet dominance.
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Tax law report – Oct/Nov 2012
Tax law report – Oct/Nov 2012
The Commissioner issued Draft Determination TD 2012/D4 on 13 June 2012. This is the latest statement on the vexed question of what variations to...
Know your property depreciation
Know your property depreciation
To make the most of their property depreciation deductions, investors should consider the benefits of using split reports where there is more...
The finance ’Wizard of Oz’
The finance ’Wizard of Oz’
It’s been a long journey. I joined Bank of NSW (now Westpac) in 1958 and had a succession of jobs, including six years in the international...
Tax Q&A – Oct/Nov 2012
Tax Q&A – Oct/Nov 2012
All legislative references are to the Income Tax Assessment Act 1997 (ITAA 1997) unless specified otherwise. The new rule, which applies from 1...
Division 7A back in the spotlight
Division 7A back in the spotlight
Unlike previous changes to Division 7A, the proposed changes under TD 2012/10 could actually be advantageous for taxpayers whose transactions...
A move to the top
A move to the top
Entering into a partnership is a complex commercial and personal transaction. It should be approached with the same care and diligence most...
Moving in a new direction
Moving in a new direction
Before explaining Annie’s and Bev’s situations and how the reforms affect their work, here’s a recap of the main changes on the Federal...
Loss carry back at last!
Loss carry back at last!
This initiative is one of the few tangible outcomes arising from the 2011 Tax Forum and is also one of the recommendations of the Henry Review...
Risky business
Risky business
The 2010 Lifewise/NATSEM Underinsurance Report highlighted the true extent of the problem, finding that a staggering 95 per cent of Australian...
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