23/11/2021
Successfully running an automotive business requires more than selling cars, car parts or insurance. Today, there are the added pressures of keeping pace with regulatory changes, meeting franchisors’ increasing sales targets and effectively managing cash flow in response to manufacturers’ changing bonus schemes. Whether you’re a dealer, manufacturer, distributor, financier or part of the automotive […]
18/11/2021
SW agribusiness advisors and accountants are highly engaged across the industry, and understand your challenges and opportunities. Australia is globally recognised for our clean environment and high production standards, presenting a significant business opportunity for Australian agricultural producers. While Australian producers have outstanding business opportunities and long-term capital growth potential, the agricultural sector is not without challenges […]
17/11/2021
AUSTRAC has produced four risk assessments for Money Laundering and Terrorism Financing (ML/TF) in the Australian banking sector for major domestic banks, other domestic banks, foreign subsidiary banks and foreign bank branches in Australia. Following engagement with bank representatives and industry experts, and analysis of transaction reports and partner agency intelligence reports, the four new […]
11/11/2021
Each session in the series will be focusing on topics that are expected to be of particular importance for financial reporting in 2021. Webinar 1 (18 March 2021): Removal of special purpose financial reporting Moving from Special Purpose to General Purpose Financial Statements Exempt entities Requirements of AASB 1060 i.e. New tier 2 General Purpose […]
11/11/2021
Over the last year, the immediate expensing of assets for tax purposes has been subject to a raft of changes and extensions owing to the impact of COVID-19. Updated 10 June 2021 (including announcements in the 2021/22 Federal Budget) In this alert, our tax experts have detailed the key dates and conditions of eligibility for the […]
10/11/2021
From 1 July 2020, the cents per kilometre deduction rate for car expenses will rise to 72 cents per kilometre (previously 68 cents). The new rate will apply until such time that the commissioner determines that a change to the rate is necessary and continues to apply to the 2022 tax year. The cents per […]
28/10/2021
Seize the opportunity as lockdowns ease and the new normal begins. Hear amazing consumer behavioural insights, ways to maximise the long run benefits of the tourism surge and support programs to assist. With a national plan in place to transition Australia’s National COVID-19 Response to allow visits to regional areas, plus the festive season fast […]
27/10/2021
As a result of ongoing political tensions related to the Government’s management of the JobKeeper payment, the Senate used an otherwise unrelated bill to drive debate over disclosure requirements for publicly listed entities which received the JobKeeper payments in 2020 and early 2021. On 13 September 2021, the Treasury Laws Amendment (2021 Measures No. 2) […]
26/10/2021
As of November 2021, all company directors will need to apply for a Director identification number (Director ID). This is part of new requirements implemented by the Australian Government. A Director identification number is a unique identifier and has been introduced to prevent the false or fraudulent use of directors’ identities. Who needs to Apply […]
26/10/2021
Learn the major changes in the Victorian property and tax landscape. Co-hosted with Bridgestone Property Group and Align Law, our experts discussed: Commercial real estate market update and recent transactions Windfall gains tax Build to Rent Concessions Your guides online James YeDirector, SW Robert ParkerConsulting Director, SW Chao ZhangDirector, Stonebridge Property Group Amber LiProperty Law […]