The measure will improve cash flow by making the refundable tax offset available quarterly rather than after assessment.

A key part of the Industry Innovation and Competitiveness Agenda is changing the tax treatment of employee share schemes.

The previously announced reduction to company tax will not go ahead although other small reforms have been announced.

The Court confirmed that royalty withholding taxes were applicable for license fee payments made to a Canadian supplier.

This increase of stamp duty rates may see more investment flow into Australian properties, with its lower stamp duties.

The Australian Taxation Office (ATO) has recently released a series of new living away from home declarations.

The Australian Taxation Office ("ATO") recently issued draft Taxation Ruling TR 2010/D2 (the "Draft Ruling") dealing with the application of the transfer pricing provisions to business restructuring by multinational enterprises ("MNEs"). The purpose of this publication is to provide practical guidance to document a business restructure from a transfer pricing standpoint.

The Government and business must ensure that the conclusion does not dampen an appetite for broader business tax reform.

The article highlights some key risks faced by farmers, simple steps to managing them, and useful services to assist.

This may drive business to implement new processes for managing logbooks to reduce FBT liability using the operating cost method. Particularly since paper logbooks are extremely onerous in administration and compliance and newer technologies like GPS logbooks are now available.

The article introduces the 2013 Annual Information Statement (AIS) and guide and the Consultation Paper on the 2014 AIS.

The ATO will review arrangements used by professional services partnership firms operating through discretionary trusts.

If you lodge Australian tax returns, you need to be aware of Project DO IT.

Share-based payments are a popular method to reward, motivate and retain staff.

The Treasury proposed changes to how Living Away From Home Allowance would be taxed for temporary residents.

A strong performance in Jersey's funds sector in 2014 has seen the value of fund assets administered in the jurisdiction increase by almost one fifth year-on-year to reach the highest level in seven years.

The accountant claimed that the purchaser, Moore Stephens, failed to pay him an instalment of $600,980 for the purchase of the business.

The times they are a changing…… Last night’s budget heralded some of the most significant changes to the Not for Profit Sector. This Not for Profit Sector – Special Budget Update outlines the key changes announced by the Gilliard government as part of the 2011-12 Federal Budget.

Douglas, ISLE OF MAN - The latest UK budget has now been released and not surprisingly it has some potential ramifications for offshore jurisdictions such as the Isle of Man.

the Assistant Treasurer released draft legislation to change the application of GST on domestic transport. Announced in the last Federal Budget, they are aimed at reducing the GST compliance burden for transport providers. The Government has provided one week for public submissions to be made. being 5th March. This leaves interested parties with minimal time to absorb the proposed changes and determine whether they provide a solution for the current complicated GST outcomes that arise for r