Tax & Accounting Blog

NEWS, TRENDS AND RESOURCES FOR
TAX AND ACCOUNTING PROFESSIONALS

Bank levy solution to company tax cut deadlock?

The big bank levy could be the key to curing two of the Turnbull government's biggest headaches: its continuing failure to legislate for company tax cuts and the scandals now emerging from the banking royal commission. However, Any wins for the government around securing company tax cuts would be likely to come on top of personal tax cuts this budget.

Bank levy solution to company tax cut deadlock?

Bank levy solution to company tax cut deadlock?

The big bank levy could be the key to curing two of the Turnbull government's biggest headaches: its continuing failure to legislate for company tax cuts and the scandals now emerging from the banking royal commission. However, Any wins for the government around securing company tax cuts would be likely to come on top of personal tax cuts this budget. … Read More

International tax complexity for Australian investments: a real-world example

International tax complexity for Australian investments: a real-world example

With a quarter of all foreign investment in Australia coming from the United States, it is important to consider the potential impact of the US tax reforms on inbound Australian investments. A recent court case has provided a real-world example of how US private equity investors can structure certain Australian investments to deliver “look through” treatment for the purposes of US tax law. … Read More

Mentally Taxing: Wellbeing and the Accountant

Mentally Taxing: Wellbeing and the Accountant

October is Mental Health month. Only 3 percent of the world’s finance professionals are able to sleep soundly. The role of Senior Corporate Executive came in at number 7 in Forbes Top Stressful Jobs of 2017. And with increasing pressure from governments, boards and investors to disclose an accurate tax position, we as tax and accounting professionals, have our fair share of reasons to feel stressed, anxious and depressed. So what help is on offer? … Read More

Choosing a financial planning partner

Choosing a financial planning partner

Offering financial planning services gives clients a holistic view of their financial position, now and into the future. But entering into a partnership with another firm is not a step to be taken lightly. What should you look for in a financial planning partner to help make the relationship a success? For accounting firms, the […] … Read More