Redundancy – how businesses can soften the blow
As the likelihood of redundancies rises, businesses should consider how to mitigate the impact internally and externally.
Climate reporting – draft legislation issued for mandatory reporting
On January 12 2024, the Treasury released its draft legislation Climate-related financial disclosure. This is a significant (and costly) reform to implement the Government’s commitment to provide Australians and investor with greater transparency.
Podcast: The Importance of Being Responsive to Clients
Explore insights from Charlie Viola, Managing Director at Pitcher Partners Sydney, as he shares expertise on Barron’s Australia podcast. Hosted by Chris Freeman, Chairman of Barron’s Advisor Programs, the episode delves into Charlie’s two-decade journey in financial advisory. Discover key tips on client service, scalability, and navigating industry shifts from this seasoned leader with over […]
Video: How to invest $1 million in 2024
As part of Livewire’s Outlook Series for 2024, Charlie had the opportunity to join Livewire’s James Marlay and Lipman Burgon & Partners’ Paul Burgon for an in-depth panel discussion exploring how these two investing gurus are allocating capital on behalf of their clients over the year ahead.
Our Advocacy work: Amendments to thin capitalisation legislation
In June 2023, legislation containing new thin capitalisation rules from 1 July 2023 was introduced into Parliament.
New thin capitalisation rules revised, but not yet finalised
After first being released as exposure draft legislation in March 2023, the new thin capitalisation interest limitation rules have undergone several round of updates but are still not law.
ATO stands by its views on UPEs and Division 7A following AAT loss
The ATO has issued an interim decision impact statement following the AAT’s decision in Bendel v FCT, currently on appeal to the Federal Court.
Firm summer closure dates 2023-24
Our firms will be closed for a short break over the Christmas and New Year period.
Update on the proposed $3m super balance tax
The new tax is still subject to legislative passage with a stated commencement of 1 July 2025. It will mean a tax of 15% to the proportion of ‘earnings’ above $3m at the end of a financial year. For individuals with large super balances it’s wise to start considering management strategies
What do the new US Beneficial Ownership Reporting rules mean for Australian business owners ?
In response to an increased global focus on corporate transparency and exchange of information, effective 1 January of 2024 US businesses are now required to provide beneficial ownership information (BOI) to the US treasury department, via the Financial Crimes Enforcement Network (FinCEN).