Please find attached a link to our submission to Treasury.

Discusses the new R&D Tax Credit Program which replaces the R&D Tax Concession effective from 1 July 2011.

As economies around the world continue to struggle, so landlords need to be increasingly vigilant about their tenants' ability to pay. Conducting a tenant appraisal can provide peace of mind about existing occupiers, as well as prospective ones.

This newsletter includes summaries of news articles and reports affecting employment and businesses in Australia.

The first issue of this newsletter is concentrated on the various recent announcements regarding the NFP reform journey.

The MSCI World Index (ex-Aust) in local currency terms returned 4.23% over the quarter ending 31 March 2015.

The scheme will apply to NSW businesses with a taxable wages bill of less than the current annual threshold of $750,000.

The successful will adapt, adopt and take advantage - farming and agriculture is no different from any other business.

This includes a link to an eBook full of strategies, tips and tools to take your business to the next level of growth.

The ATO advises that the schedule will apply to income years starting on or after 1 July 2011.

Buying insurance cover within an SMSF may give access to deductible expenses that would otherwise not be available.

The ATO has reminded small business entities or SBEs that the depreciation rules for business assets are now simpler.

The Commissioner of Taxation (the "Commissioner"), on 9 February 2011, issued Taxation Ruling TR 2011/1 dealing with the application of the transfer pricing provisions to business restructuring involving an international related party.

At the moment there seems to be a consensus building among tax professionals that this budget will not announce any major tax reforms. With a tax forum due to be held in October of this year, the Government is likely to delay any such fundamental reform. Instead, we are likely to see peripheral tinkering aimed at supporting the Governments objective of returning the budget to surplus.

With Christmas fast approaching, it is useful to remember that the FBT minor benefits exemption threshold remains $300.

The Government today announced sweeping changes to Australian shipping policy designed to stimulate Australian shipping.

Following ratification by the French government, a tax information exchange agreement (TIEA) between Jersey and France came into force in October 2010.

When preparing 2011/2012 FBT returns, employers should be aware of recent changes that have been made to the FBT law.

In November 2010 Moore Stephens welcomed the seven member firms of the Markhams network in New Zealand. With the addition of the Markhams firms, Moore Stephens now has member firms in Auckland, Wellington, Christchurch, Dunedin, Hawke’s Bay, Wairarapa and Wanganui.

The Government introduced legislation into Parliament earlier this week for the new Managed Investment Trust (MIT) definition that will apply to both the capital account election reforms and the withholding tax regime. The intention of the new definition is to expand the application of the MIT regime to a wider range of managed funds. Unfortunately, it has not fully achieved this objective.