Key points What are Special Disability Trusts (SDTs) and how do they work. The financial benefits of SDTs ranging from tax benefits and exemptions from asset and income tests. The need for professional support in establishing a SDT. Caring for a loved one with a severe disability is deeply personal, requiring carers and families to […]
In December 2024, the ATO published a draft taxation determination (TD 2024/D3) outlining their view that a deemed dividend can arise under Division 7A where a private company guarantees a bank loan made to another private company in the group, where that bank loan is then on-lent or on-paid to a related trust or individual. […]
First published in GoAutoNews on 28th January 2025 Far from being the bearer of bad news, the team at Motor Industry Services at Pitcher Partners has been investigating the major market trends at play and exploring what measures dealers can take to thrive rather than just survive – or worse. We have been encouraging dealers […]
Key Takeaways: Western Australia is transitioning from mining to a growing tech sector, with a focus on SaaS and med-tech. While venture capital has cooled, WA’s tech ecosystem continues to attract strong funding. Geographic strengths and sector expertise drive growth, yet regulatory reforms, talent gaps and funding access remain key hurdles. Western Australia’s economic evolution […]
First published in GoAutoNews on 21st January 2025 As 2025 kicks off, we are seeing more and more dealers opening new facilities for Electric Vehicle (EV) brands. This makes total sense. The National Vehicle Efficiency Standard (NVES) has kicked off as of this month. That is making selling EVs a necessity for OEMs in a balanced […]
First published in GoAutoNews on 21st January 2025 Finance and Insurance has always been a key underlying driver of dealer profit. But in 2025 challenges will be encountered as retail demand wanes, finance companies tighten acceptance and many look towards rate driven retail programs to address increasing inventories. It is important to consider as you plan your […]
Key points The ATO has published new guidance stating that private companies that provide guarantees or security for third party loans can trigger Division 7A This applies where the guaranteed loan is then paid or on-lent to a trust or individual The ATO has indicated it will focus on compliance for those arrangements that seem […]
Key points What is estate planning? The importance of having an estate plan in place If you do have plans in place, you should review their effectiveness As you create your 2025 “to do list”, be sure to include estate planning. But first, what is estate planning? Estate planning involves preparing your financial situation in […]
First published in GoAutoNews on 14th January 2025 Dealership retail success has always been driven by eternal optimism, an ever-increasing new market, growth in disposable incomes, a never-ending supply of cheap money and in recent times supply constraints resulting in record Dealership profit. Now the party is well and truly over as vehicle grosses return to […]
Key points Reflect on the ‘soundtrack’ of your leadership over the past year Address your employees’ concerns, meet them halfway and find harmony that works for all parties Tune back into people and culture activities that may have been neglected Spotify Wrapped has made reflecting on the songs you loved and listened to an […]
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