
30/01/2023
Our annual Employment Taxes update for the Not-for-profit, Government and Corporate sectors will review the latest tax news and the employment taxes impacts of the COVID-19 pandemic. During these webinars our tax experts will provide an update on: New and topical developments including recent cases and ATO FBT compliance activity FBT recap and hot topics […]
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 […]
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 […]
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 […]
23/11/2022
From 1 July 2023, clubs seeking to maintain their income tax exempt status will be required to lodge an online Annual Self-Review Form with the ATO (Australian Tax Office). In the 2021 Federal Budget, the former Government announced that it was providing $1.9m to build an online system to enhance the transparency of income tax […]
15/11/2022
Join our 2022 Tax Effect Accounting seminar to ensure you are up to date with the key tax changes and impact of new accounting standards. This year our online seminar was brought to you in an interactive format with SW expert Daren Yeoh, Tax Director. Hear from Daren as he provided an update on the […]
04/11/2022
With increased globalisation and digitalisation creating growing concern about tax avoidance by multinationals, the OECD Two-Pillar approach aims to address international corporate tax challenges. On 4 October 2022, the Federal Treasurer released a consultation paper on the proposed implementation of the OECD’s two-pillar solution, with the consultation process finishing on 1 November 2022. The Two-Pillar […]
28/10/2022
With new concessions for foreign universities operating in India, take a look to learn about the International Financial Services Centres (IFSC) and the opportunities for Australian universities entering the Indian market. Hear from Dipesh Shah, Executive Director, International Financial Services Centres Authority (IFSCA), Sandip Shah, Head of the IFSC Department, Atul Puri, Managing Partner & […]