You have managed to stabilise your business, you can finally lift your head above the sand. But what is next? Is your business set up to take advantage of any growth opportunities? Are you focused on the right customers and segments with appropriate capability? Or are you taking a scatter-gun approach to survival?
This guide is broken down into two main sections. In section A, we cover the critical issues of trust distributions, Division 7A and franked distributions. As a minimum, we believe that all taxpayers should at least be considering these issues. In Section B, we cover additional considerations for taxpayers. We note that the application of […]
Welcome to our winter wealth management update This edition covers the following topics: Year-end superannuation contributions and concessions With the financial year end fast approaching, there is still an opportunity to make a final contribution into superannuation. Some of the contributions strategies and concessions available are summarised below. Read more Stock Spotlight: Amazon.com Inc (US:AMZN) […]
Amazon was founded by Jeff Bezos and listed on the Nasdaq in March 1997 at $18 per share. At the time its principal business was an online book store. Its pursuit of growth over profit was met with some scepticism in the early years and not without good reason as it wasn’t until 2001 before […]
With the financial year end fast approaching, there is still an opportunity to make a final contribution into superannuation. Some of the contributions strategies and concessions available are summarised below. 1. Personal tax-deductible contributions Concessional contributions cap is $25,000 for all individuals. Since 1 July 2017 all taxpayers under age 65 are allowed to claim […]
With its “ground zero” in the Chinese city of Wuhan, the coronavirus health issue quickly escalated to become a pandemic as it spread across the globe. Australia was found to not be immune from both the disease itself (though it fared better than the majority of nations in this regard) as well as the economic […]
Organisations that have undertaken R&D activities in foreign jurisdictions in the year ending 30 June 2020 may be eligible to claim the R&D tax incentive. While there is typically a 30 June deadline to apply for an overseas finding, disruption from COVID-19 means R&D entities now have until 30 September 2020 to submit their overseas […]
This article originally appeared in The Australian on 1 June 2020 How do we invest and construct portfolios in a post-COVID world? At a high level the answer is easy – we should construct portfolios, because of the high level of uncertainty, with equal weight on profit and on protection. But what exactly does that mean? What […]
The impacts of COVID-19 require businesses to rapidly implement business-critical projects to retain and re-purpose their most valuable assets and secure the commercial viability of their business. As businesses respond to the dynamic landscape, the suitability of projects must be assessed quickly, and potential risks identified, understood and mitigated.
State and federal governments are spending billions of dollars in response to the COVID-19 pandemic. But before too long attention will turn to funding and how Australia will repay the debt. Tax reform will have an important role to play as part of broader structural reforms to boost productivity and get the economy firing again […]
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