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 […]
Gifts and entertainment provided to employees and clients can dampen festive cheers if Fringe Benefits Tax (FBT) implications are not managed appropriately. The upcoming holiday period provides an annual opportunity for businesses to provide gifts and entertainment to employees and clients. However, the FBT implications of providing these benefits can cause confusion and may lead […]
In April 2024, Australia’s new thin capitalisation rules become law (see here). Broadly, thin capitalisation applies to entities part of multinational groups that incur debt deductions (e.g. interest) of more than $2 million for an income year (on a group basis). The legislation also introduced new integrity measures known as the debt deduction creation rules. […]
Welcome to Pitcher Perspective, where we take you beyond the numbers and go in-depth on the current issues affecting mid-market businesses. Even though we’re accountants and advisors, we’re endlessly curious about finding better opportunities and creating better outcomes for your business. We recognise that an important piece of the puzzle is providing you with the information to […]
Key points: The festive season can disrupt business finances due to increased spending and shutdowns. Cut non-essential expenses, avoid long-term contracts, and diversify suppliers. Engage with banks early, build cash reserves, and maintain strong customer relationships. The festive season, often a period of increased personal spending and celebration, can also pose significant cash flow challenges […]
Key points The new tax is still subject to legislative passage with a stated commencement of 1 July 2025. It will mean a tax of 15% on the proportion of a super fund member’s ‘earnings’ above $3m across a financial year Individuals with large super balances should be considering the best approach if the new […]
Key findings: A data lake serves as a central repository for comprehensive productivity insights. Data lakes support various data types, efficiently stores unstructured data and uses object storage for easy retrieval. Decision making is improved by uncovering patterns, improving decisions and enhancing productivity. Your business might already be collecting data but without a central resource […]
From January 1, 2025, there will be a new levy (sometimes referred to as the ‘Airbnb tax’) applicable to short stay accommodation in Victoria. Owners, residential tenants and providers of booking platforms may be liable for the levy. The levy applies to total booking fees for short stays, whether bookings are made on a booking […]
Key Points Due diligence is crucial when investing in private credit Private credit can offer an attractive income stream and diversification benefits The opaqueness in operations of private credit funds increase risk A smooth ride can become trouble The risks and benefits of private credit funds can be likened to buying a used car sports […]
Key points: The issue of negative gearing continues to get airplay in political discussions and media in the housing affordability & supply space, but by history remains unpopular and probable political suicide to implement. Although the ATO may have existing powers to push back on this and the tax arbitrage with CGT concessions, in practice […]
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