Top Five Benefits of SMSF Corporate Trustees
About 600,0001 Self-Managed Super Funds operate in Australia with some 61 per cent2 having a corporate trustee. Why is this significant? The … Continued
News
Financial Reporting Developments
Another financial year has ended. This time last year, no one could have anticipated that within the year we would … Continued
JobKeeper changes – you must do some things by this Friday!
The JobKeeper Rules were amended last Friday (which the Treasurer has the power to do). These changes affect only the existing … Continued
Super Guarantee Amnesty– The clock is ticking
The Federal Government’s Superannuation Guarantee Amnesty was given royal assent on 6 March 2020 with a six-month timeframe. Hence, the … Continued
JobKeeper 2.1 revamped
The economic impact from the situation in Victoria has prompted the government to revise the second phase of the JobKeeper … Continued
Not-for-Profit Newsletter – Edition 5
Welcome to the newest edition of our Not-for-Profit Newsletter. Please feel free to contact us if you have any questions … Continued
2020 blues, Budget & beyond
The government today released its economic and fiscal update. Although it’s grim reading, we are faring better than most countries. Here’s a … Continued
JobKeeper 2.0 – Beyond the facts & figures: what you need to do
JobKeeper was necessarily designed and implemented in a very short time-frame, and so some waste had to be accepted in … Continued
Lower company tax rate, higher risk of double-taxation
It was a simpler time. Your business made a profit, paid 30% company tax. You then extracted the remaining 70% as a … Continued
Companies shouldn’t be tempted to disclose EBITDAC(ovid)
Earnings Before Interest Tax Depreciation and Amortisation (“EBITDA”) is a common financial performance measure. The COVID-19 pandemic has had a … Continued