06/04/2022
Broad ranging stamp duty amendments currently being considered in NSW include extending duty to change of beneficial ownership transactions, expanding anti-avoidance provisions, increasing penalties for SGEs and introducing promoter penalties. On 23 March 2022, the State Revenue and Fines Legislation Amendment (Miscellaneous) Bill 2022 (NSW) was introduced into the New South Wales Legislative Assembly. The […]
29/03/2022
Last night, Treasurer Josh Frydenberg delivered the 2022/23 Federal Budget, setting the Government up for their pre-election. With a May election fast approaching, there was a lot of anticipation that this Federal Budget would provide much needed support for households in managing the cost of living. While borders have opened, many business in several key […]
22/03/2022
As we await the passing of the eagerly anticipated Patent Box legislation, SW looks at the current details for eligible medical or biotechnology patents, who can benefit from the regime, and how it is expected to encourage innovative R&D investment in Australia. It has become increasingly important for Australia to attract for R&D investment on […]
08/03/2022
While draft ATO determination rules out immediate tax deductions for fees incurred to establish an employee share scheme, ongoing associated expenses may remain deductible. On 23 February 2022, the Commissioner released Draft Determination TD 2022/D2, addressing the deductibility of expenses incurred when establishing and administering an Employee Share Scheme (ESS). The Commissioner has stated expenses […]
22/02/2022
As we continue to work from home and emerge from Covid-19, many employers will continue to provide a hybrid working arrangement for employees, that is, a mix of working from home (WFH) and working from the employer premises. Careful consideration, planning and record keeping should be undertaken throughout this financial year in respect of work […]
17/02/2022
Our experienced team work closely with business owners, management teams, directors and boards to provide practical support for your growth and success. Sustaining or expanding a successful business requires a relationship with a trusted advisor. In real terms, we know that you want someone that you can have the challenging conversations with in relation to […]
14/02/2022
At our annual Employment Taxes update for the Not-for-profit, Government and Corporate sectors we reviewed the latest tax news and the employment taxes impacts of the COVID-19 pandemic. During these webinars our tax experts provided an update on: New and topical developments including recent cases and ATO FBT compliance activity FBT recap and hot topics […]
09/02/2022
Our experts provide exceptional tax services to SMEs and private business, working hand in hand with you to provide guidance, advice, tax and compliance services. Managing tax detail and compliance can be overwhelming, especially for small and medium-sized and even larger private businesses. From cloud migration to strategice planning, international business to tax and accounting […]
31/01/2022
Our dedicated, hands-on team have gained a market reputation in internal audit and risk advisory in supporting local government, water authorities, health entities and the tertiary education sector. Our teams work deeply in each sector, so have an innate understanding of key risks, pressures from key stakeholders, changing legislation requirements, budgeting and finance constraints and […]
31/01/2022
We have a proven track record in providing Government departments, statutory authorities, TAFE Institutions and Universities with a tailored and practical approach. Our team has extensive experience in audit of the tax balances and associated disclosures within financial reports of state owned entities. Our experienced team provide support to clients for all aspects of their […]