
25/01/2023
Bitcoin mining operations that utilise renewable energy aim to mitigate the substantial energy consumption of other bitcoin miners, while supporting the electricity grid needs. Simon Tucker talks to Cam Nelson at DAME Technologies. In our latest Digital Discussions interview, SW Tax Partner, Simon Tucker, talks to Cameron Nelson, CEO of DAME Technologies, a sustainability-first renewable […]
18/01/2023
SW is proud to announce that our firm has once again been recognised by GradConnection as a finalist in three key areas: • Top 10 Most Popular Accounting, Professional Services, and Consulting Employer Award • The Most Popular Internship Employers Award – Small • Top 100 list of Most Popular Graduate Employers Grad Connection is the largest […]
17/01/2023
How will web3 change the way we experience the internet? What will Web3 enable in the future? In the latest of SW’s interviews with business leaders in the digital space, SW Director Danny Armstrong gets to the heart of web3 and how it will change the user experience of the internet with advocate, investor and […]
21/12/2022
The Government has released Amending Regulations that increase the review period from 2 to 4 years for small business entities with ‘complex’ tax affairs. In the 2020-21 Federal Budget, the Government announced an increase to the small business entity turnover threshold from $10m to $50m, allowing greater access to certain concessions including the shorter 2-year […]
20/12/2022
On 8 December 2022, the Australian Taxation Office (ATO) published its final views regarding the application of section 100A of the Income Tax Assessment Act 1936 (ITAA 1936) for trusts. SW reviews the changes from the draft ruling and additional guidance from the Commissioner. The ATO’s final interpretation of the law, and their compliance approach […]
20/12/2022
The new regulations introduced by International Financial Services Centre Authority (IFSCA) have opened a plethora of opportunities for foreign universities (FU) or foreign educational institutions (FEI) in India. The new regulations allow the FU & FEI to operate an International Branch Campus (IBC) or an Offshore Educational Centre (OBC) in the GIFT City, which is […]
16/12/2022
The ATO has released two draft publications that focus on employee vs contractor classification for tax and superannuation purposes. Correct classification of an employee is important to ensure that both the business and the worker satisfy their tax and superannuation obligations correctly. On 15 December 2023, the ATO released the following two draft publications for […]
07/12/2022
On 23 November 2022, the Treasury Laws Amendment (2022 Measures No. 4) Bill 2022 was introduced in the House of Representatives to implement the Technology investment boost and Skills and training boost, following measures previously announced as part of the 2022-23 Federal Budget to support small business entities. What is it? Technology investment boost: The […]
05/12/2022
The Commissioner of Taxation (the Commissioner) has proposed changes to the requirements that a recipient must satisfy to issue a Recipient Created Tax Invoice (RCTI). The proposed changes are detailed in draft Legislative Instrument LI 2022/D15 (the Draft) which has been released for public consultation. The Draft is intended to replace 51 separate Legislative Instruments […]
02/12/2022
As the calendar year comes to an end, we get closer to the FBT year-end. This year we have seen two key changes that employers need to be aware of as they may impact their FBT Returns. Electric Vehicles and FBT On 25 November 2022, the Australian Government passed the Treasury Laws Amendment (Electric Car […]