The actual employee/contractor characterisation is an essential issue that every business needs to be familiar with.

Draft Bills aim to establish an independent national regulator, the ACNC, for the charities and not-for-profit sector.

When an Administrator is appointed, it is imperative that the supplier acts quickly in order to obtain payment in priority to what may be a long list of creditors.

The OECD recently released a draft discussion paper to introduce a framework for a consistent taxation treatment of REITs.

Federal Government has released a further Exposure Draft of proposed amendments to Australia's transfer pricing rules.

The Fringe Benefits Tax (FBT) and Goods and Services Tax (GST) legislation outline specific rules for tax-exempt bodies that provide entertainment to employees. To ensure any FBT or GST liabilities reported to the Australian Taxation Office have not been understated, it is important tax-exempt bodies comply with these rules. To assist tax-exempt bodies in reviewing their processes for correctly recording their FBT and GST liabilities, we have outlined the rules regarding entertainment provided

There will be several fiscal reforms that this industry has long called for. Australian companies that operate Australian registered trading ships above 500 tons would be able to elect to pay tonnage tax, attracting tax liability on income from trading activities based on the tonnage of the ship. In return, businesses will need to agree to train new entrants to the industry.

This issue includes the results and key findings from the recent nationwide Moore Stephens 'Automotive Fraud Survey'.

The Government has relied on Treasury and the ATO to target a series of reforms at perceived business tax loopholes.

Schools need to be aware of the changes to the Act and ensure they comply with the new requirements.

It is often said that the Global Financial Crisis (GFC) was caused by defaults on sub prime loans in the United States. Such defaults were merely symptoms of the underlying problem, rather than the cause, which of course was the over accumulation of debt by both businesses and consumers alike. Although investment markets have since seen significant appreciation since March 2009, it is now perhaps timely to review what, if any, improvements have really been made in the battle against the pernicio

A number of measures have changed since the repeal of the Mining Resources Tax, which may impact on small business.

STP is an application which may cut red tape for employers by streamlining tax and superannuation reporting obligations.

The Government proposes to modify the Budget measure as announced to introduce a limited deferral of the taxing point for schemes where there is a 'genuine risk of forfeiture', to protect employees who have a real risk of being taxed on a share or right that they might never get full title to.

The government has announced changes in the value of company franking credits and a new deficit levy to be imposed..

AST talks to Nick Solt of Moore Stephens Fund Administration about what Jersey has to offer in a stormy marketplace.

The United States of America (USA) has an extraordinarily far reaching tax regime.

Keep the ATO happy but take advantage of generous tax concessions by thinking and planning ahead.

Selling at the right price is demonstrating profitability, identifying potential, reducing risk and communicating value.

A couple of important changes to employment relations legislation were introduced at the start of the New Year. There was of course the much heralded commencement of the first nationally-funded Paid Parental Leave scheme. This has been big news for weeks now as employers grapple with understanding what’s required of them.