For the first time in more than ten years, the Victorian Government has announced an increase in land tax rates. Properties with an unimproved value of $1.8 million or more will be stung with a significant amount of additional land tax, with the hike expected to raise more than $1.53 billion in revenue over the forward estimates period.
With a blazing determination to make a difference environmentally, KeepCup is the brainchild of Melbourne entrepreneurs Abigail Forsyth and her brother Jamie.
How do you turn challenges into opportunities? What drives you to continually challenge yourself and your thinking? How do you grow the business you lead?
Murray joined Pitcher Partners in 2020 following over 20 years of experience with a Big Four firm. Throughout his career, Murray has worked with numerous listed and privately-owned companies across various industries, including professional services, engineering and mining, property development, building and construction, manufacturing, and retail. Using the technical expertise he has developed, Murray works […]
To improve cash flow pressures for small business, the Federal Government has established a public Payment Times Reporting Scheme (the Scheme) whereby businesses and Government enterprises with total annual income of over $100 million will need to bi-annually report on their payment terms and times for their small business suppliers.
When the Modern Slavery Act 2018 (Cth) (the Act) came into force on 1 January 2019, the 31 December 2020 deadline seemed reasonable.
The broadening of the income tax system under then Treasurer, the Hon Paul Keating, to encompass capital gains tax (CGT), from 20 September 1985 represented a profound structural shift in Australia’s federal income tax system.
On Tuesday, the Federal Government released details of its extension to the JobKeeper scheme beyond September 2020. As previously announced, the JobKeeper payment will be extended for two periods, being the December 2020 quarter and March 2021 quarters.
Under proposed amendments to the JobKeeper rules, employers who previously qualified for JobKeeper 1.0, but do not qualify for JobKeeper 2.0, may continue to issue certain directions to their employees beyond 27 September 2020 if they can demonstrate a minimum 10% decline in turnover for the relevant quarter.
Amendments to the JobKeeper rules have made changes to the decline in turnover test that will apply to JobKeeper extension payments. Employers must now calculate their decline in turnover under the GST attribution rules that apply to them for BAS reporting purposes.
Thank you for you interest