How asset funding choices between hire purchase, chattel mortgage or leasing could make or break your farming business.

Building a school culture that values compliance and governance is the key behind delivering trust and integrity.

There is a feeling that the market is being supported by factory incentives and bonuses, not demand by customers.

On 30 March 2011 the Assistant Treasurer, Bill Shorten, announced he had asked the Board of Taxation to review the recently introduced consolidation rights to future income ("RFI") rules. This review follows the Board’s concerns that taxpayers are claiming deductions for types of assets which were not originally contemplated when the rules were introduced.

You're mentally prepared and your advisor is on board. But what's your target market?

A roadmap for connecting personal devices to corporate networks and data.

Almost all investors are familiar with the concept of active management and understand the concept of trying to pick the right stock at the right time in order to benefit from its price appreciation. Opposed to this approach is the concept of passive, or index management, which simply tries to replicate the return of ‘the market’ at minimal cost to an investor. In both cases a return will be generated that will be either lower than the overall market (the index fund due to fees or the active man

Those whose business structure includes a private company will most likely have confronted "Division 7A" at some stage over the 13 or so years it has been in operation.

Under the operation of the former section 23AG, fly in fly out benefits to remote locations overseas were exempt from FBT because no FBT liability arose in relation to benefits provided to employees whose salary or wages were fully exempt from income tax. Removing the section 23AG exemption for affected individuals has brought these individuals within the FBT regime effective 1 July 2009.

The proposed changes make personal income tax return compliance more complex and are against stated Government policy.

The reforms to the Living Away From Home Allowance legislation are awaiting Royal Assent, to commence on 1 October 2012.

Employers should consider possible FBT and income tax implications of providing 'entertainment' for staff and clients.

Should you diversify your portfolio by investing in overseas markets?

On 13 April 2011, the Assistant Treasurer, Mr Bill Shorten, released an Exposure Draft containing proposed inserts for the Tax Laws Amendment (2011 Measures No. 3) Bill 2011 to enable the streaming of franked distributions and capital gains as well as anti-avoidance measures aimed at ensuring that low-taxed entities, specifically exempt entities, cannot be inappropriately used to reduce the tax payable on the net income of a trust.

The Labor Government has released an Industry Consultation Paper which requests comment on proposed changes to Division 6C.

Division 7A of the ITAA 1936 has applied to loans made by private companies to their shareholders (and associates of the shareholders) since 4 December 1997. The provisions are automatically triggered if the conditions of the Act are met.

A recent decision of the Full Federal Court of Australia has caused a major rethink regarding the GST treatment of forfeited deposits.

Historically, the year end accounting process for trusts has included formalising trust distribution resolutions.

The Bills to establish the Australian Charities and Not-for-profit Commission have only minor or technical improvements.

Changes announced to rules in the proposed new tax system for managed investment trusts.