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5 steps to successful succession planning

Succession planning is essential for every business. Whether that business is family-owned, a partnership, a not-for-profit, government agency or a private or publicly owned business. Pitcher Partners’ Business Radar reports show that businesses who succession plan are more confident in their decision-making processes and about the future success of the business. Many businesses fall into chaos, […]

Can I buy my house with my superannuation?

As of mid 2020, more than 1.1 million people have chosen to take the plunge and become a SMSF member. Self-Managed Super Funds (SMSF) are often utilised by individuals as a way of taking control of their superannuation investment. The SMSF sector holds just over a quarter of Australia’s total superannuation assets. An impressive number, especially given […]

Three benefits of using a medical accountant

Medical practitioners, more so than business owners in other industries, are time poor. That makes outsourcing to an expert medical accountant an important part of running a successful practice. Regardless of whether you are an established private practitioner or a junior doctor starting out a specialist medical accountant can help provide clarity in your financial management. Many business owners […]

Don’t get caught out on public holidays

When it comes to public holidays, business owners have the responsibility of getting it right. When determining workplace entitlements that apply on public holidays employers should refer to the terms of the relevant industrial instrument (i.e. award, agreement or employment contract) and the National Employment Standards under the Fair Work Act 2009. Australian public holidays Under the National […]

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Responses to queries submitted via this form (“Response”) are produced by Pitcher Partners Advisors Proprietary Limited and are prepared for the exclusive use and benefit of those who are invited, and agree, to participate in the CRITICAL POINT NETWORK service. Responses provided, or any part thereof, must not be distributed, copied, used, or relied on by any other person, without our prior written consent. Any information provided is intended to be of a general nature and prepared without taking into account your objectives, circumstances, financial situation or particular needs. Any information provided does not constitute personal advice. If you act on anything contained in a Response without seeking personal advice you do so at your own risk. In providing this information, we are not purporting to act as solicitors or provide legal advice. Any information provided by us is prepared in the ordinary course of our profession and is based on the relevant law and its interpretations by relevant authorities as it stands at the time the information is provided. Any changes or modifications to the law and/or its interpretation after this time could affect the information we provide. It is not possible to guarantee that the tax authorities will not challenge a transaction or to guarantee the outcome of such a challenge if one is raised on the basis of the information we provide. To the maximum extent permitted by law, Pitcher Partners will not be liable for any loss, damage, liability or claim whatsoever suffered or incurred by any person arising directly or indirectly out of the use or reliance on the information contained within a Response. We recommend you seek a formal engagement of our professional services to consider the appropriateness of the information in a Response having regard to your objectives, circumstances, financial situation or needs before proceeding with any financial decisions. Pitcher Partners is an association of independent firms. Pitcher Partners is a member of the global network of Baker Tilly International Limited, the members of which are separate and independent legal entities. Liability limited by a scheme approved under professional standards legislation.
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