Tags Tax

Tag: Tax

What Biden’s and Trump’s tax policies mean for Australian businesses

Tax policy under a Biden presidency may facilitate more US investment into Australia than a Trump presidency, according to the United States...

Accountants welcome business tax changes in the 2020-21 Budget

The business tax changes under the 2020-21 Budget have been met with positive feedback from professional accounting bodies and tax experts.

Will we see more Australian businesses transact with cryptocurrency?

Cryptocurrencies have had a rocky road towards mainstream acceptance. In 2017, the CEO of JP Morgan, Jamie Dimon,...

Guidance needed on JobKeeper subsidised R&D and transfer pricing rules

Early this week, the Tax Institute of Australia (TIA) called for guidance material on the JobKeeper scheme in relation to the R&D...

Keeping on top of your taxes: Interview with Kirsten Fish, ATO Deputy Commissioner Small Business

Amidst the constantly changing news cycle and rule amendments, it can be hard for SMEs to keep track of their tax obligations. ...

R&D tax incentive inquiry delayed a third time

Businesses have been plunged into further uncertainty as the Senate inquiry into R&D tax incentive ('RDTI') reforms is delayed a third time this year. What...

$1.8 billion reduction in R&D tax incentives is a major setback for Australian businesses

Proposed changes to R&D tax incentives (RDTIs) could reduce future R&D expenditure, undermining innovation and the development of new industries in the long-term. In...

ATO ‘debtor crisis’ expected in September

New research indicates that the Government might face a wave of ‘tax debtors’ within the Australian business community when the stimulus and wage subsidies...

Key factors in achieving a compliant, efficient month-end and EOFY

The end of financial year (EOFY) is a time that many small and medium businesses (SMBs) dread. In addition to the complexities of JobKeeper,...

How STP has made tackling the COVID-19 storm easier for Think Talent

Founded five years ago by Ainsley Johnstone and Natalie Firth, Think Talent is a modern executive recruitment agency that connects Australian and international organisations...

Dynamic Business: Have your say about what we write, and you read

2020 was a year of unprecedented challenge for business owners. Almost overnight, businesses of all sizes were scrambling to find new customers...

Dealing with financial stress

It is common for people working in business to be concerned with or stressed about their business finances at some point.

How Australian retailers are reimagining customer experience

The customer is always right is an adage that has been driving the way we do business for years. While the concept of...

Regional company pivots to manufacture COVID-19 face masks

As COVID-19 wreaked havoc nationally and demand for safety equipment grew, Victoria’s regional medical device manufacturer Care Essentials pivoted its focus to...

Greater Sydney NYE restrictions tightened

NSW Premier Gladys Berejiklian has announced a further tightening of COVID-19 restrictions for NYE as 18 new community transmissions are detected overnight.

Leverage crypto traders lose over $US13 billion in 2020

Data from cryptocurrency trading simulator Crypto Parrot has found that cryptocurrency traders on Bitfinex and BitMEX lost $US13.47 billion in 2020.

US House approves $US2,000 checks in COVID-19 stimulus bill

The US House of Representatives has approved increasing COVID-19 stimulus checks from $US600 to $US2,000, however it is still uncertain whether these...

Fruitful business: how Ripe Robotics is transforming robotics and agriculture

Quitting your job and following your passion is more common on theatre screens than in real life, however it’s exactly what happened...