Pitcher Partners tops list of Australia’s best financial advisors
The 2019 List of Australia’s Top 50 Financial Advisers was released this morning, revealing Pitcher Partners is home to three of Australia’s top five financial advisors.
Managing your finances: A guide for businesses and individuals
Federal and state governments recently announced a range of measures to support small and medium enterprises (SME) in response to the impacts of COVID-19 (coronavirus).
Pitcher Partners advisers make top 100 list
The list of Australia’s top 100 financial advisers was announced this morning, with five Pitcher Partners representatives ranking in the honoured list.
Trusts at risk of incorrect distributions with significant tax consequences
Understanding the definition of ‘income’ for trusts has always been important. However, for this 30 June 2020, it’s more critical than ever due to COVID-19.
A new workforce: The aged care sector’s big opportunity
In recent years, Australia’s ageing population and complex skills and competency requirements have placed increasing pressure on the aged sector. The Aged Care Royal Commission, in particular, revealed the gravity of issues in the sector, highlighting that workplace conditions and strong demands form part of the challenges the industry must overcome to evolve.
COVID-19 drives optimism among mixed-bag M&A
Recent statistics and discourse demonstrate there is growing appetite for dealmaking across acquisitions, sales and mergers to better position organisations for the future.
Uncertainty over income tax treatments and interaction with transfer pricing
An increase in reporting requirements under the Australian Accounting Standards Board’s (AASB) Interpretation 23 has created uncertainty over income tax treatments and interaction with transfer pricing.
Expansion of the RTP schedule to include large private companies
The ATO is set to notify large private companies that they are required to prepare and lodge a reportable tax position (RTP) schedule.
NALI rules expansion could see SMSFs taxed at 45%
Amendments have been made to the non-arm’s length income (NALI) rules for complying superannuation funds, which may now also apply if a fund incurs non-arm’s length expenses, or does not incur any expense, in generating income or profits from investments.
GST withholding: The transitional period ends soon
Until now, contracts for the sale of certain types of real property which were entered into before 1 July 2018 have not been subject to the GST withholding rules. However, the transitional period is coming to an end.