10/05/2021
SPIC Pacific Hydro Pty Ltd v Chief Commissioner of State Revenue was a decision of a single judge of the Supreme Court (Payne JA) handed down on 21 April 2021. The case involved the acquisition by SPIC on 12 May 2016 of the shares and units in the entities operating the Taralga Wind Farm. The […]
06/05/2021
Reminder: 30 June 2021 deadline to nominate beneficiary for discretionary trusts holding South Australian land acquired pre-16 October 2019. As part of the measures introduced in The Land Tax (Miscellaneous) Amendment Act 2019 (Amending Act), surcharge rates (0.5% higher than marginal rates applied to non-trusts holdings) of land tax will be imposed on certain types […]
08/04/2021
The University of Melbourne has successfully argued that land tax is not payable with respect to land, situated on campus, that is leased to a student accommodation provider. Background The University of Melbourne (the University) entered into a number of agreements including the Project Deed, an agreement for lease, and an operator’s side deed between […]
01/04/2021
The Victorian Government is offering grants of up to $1m to businesses in agriculture supply chains to increase supply chain efficiency, grow existing & new export opportunities, increase value to Victorian food production and encourage collaboration throughout the sector. Grants are offered on a 1:1 funding basis, with grants of $50,000 to $1m available. Grant […]
31/03/2021
The Federal Government is offering Food & Beverage manufacturers grants of up to $20m to upskill the manufacturing workforce, develop new supply chains, implement Industry 4.0 manufacturing & traceability processes and encourage research & industry collaboration. Through the Modern Manufacturing Initiatives program funding is being offered on a 1:1 basis, with the Federal Government contributing […]
30/03/2021
在我们近期的全中文财税更新讲座上,本所专家团队解读了近期主要财税变化,以及这些变化为企业与个人带来的影响与机遇。 At our recent Mandarin Tax and Accounting update, our team of experts discussed the recent key accounting and tax changes, the impact and opportunities that these changes would bring to individuals and businesses. 重点税务与财务事宜更新总汇 | Summary of key tax & accounting matters 澳大利亚税务局最新税收裁定与指导意见 Recent Key Taxpayer Alerts & Guidance 近期重大税务案件回顾 Recap of key cases 转让定价最新消息 […]
23/03/2021
Grants and tax incentives can make the difference in getting your business to the next stage. Our R&D Incentive and Government Grants webinar provides the insights into what kind of Government support is available to business who are looking to grow, innovate and evolve. Our experts covered some of the basics and discussed how a […]
16/03/2021
Developing tomorrow’s property fund leaders today For the fifth year, we deliver an interactive 5-part seminar series to aspiring and emerging leaders in the Property Fund Management sector, with direct access to leading industry experts and their experience, strategic industry insights and pitfalls, and key issues ranging from structuring, debt and equity through to legal […]
09/03/2021
Not-for-profit entities are required to disclose how they do not comply with the recognition and measurement requirements of the Australian Accounting Standards Introduction Whilst the removal of Special Purpose Financial Statements (SPFS) has yet to impact Not-for-Profit entities (NFPs), the AASB has introduced AASB 2019-4. NFPs preparing SPFS from 30 June 2020 must now disclose […]
04/03/2021
Our tax experts provided updates on: New and recent developments FBT recap and hot topics – reducing FBT on cars and car parking due to COVID-19 Global mobility and impacts of COVID-19 on tax residency and employee tax obligation Payroll tax and COVID-19 concessions The rise in popularity and attractiveness of employee share and incentive plans […]