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Understanding Contracts and the GST Clause

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Understanding Contracts and the GST Clause

Contract mistakes involving GST clauses continue to be a source of litigation in Australia. Under the GST Act, suppliers…

The use of convertible notes in debt fundraising activities may be impacted

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Will your convertible notes become a current liability?

Amendments to AASB 101 will affect how convertible debt is classified in financial statements from 1 January 2024. Where…

GST Issues that may arise in Contracts

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GST Issues that may arise in Contracts

GST clauses in contracts often spark disputes due to the GST Act requiring suppliers to contractually pass on their GST …

The Australian Taxation Office (ATO) has changed the reporting regime for Not-for-Profit (NFP) entities for the 2023-2024

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Not-For-Profit reporting and regulatory update

From 1 July 2023, the ATO requires Not-for-Profit (NFP) entities with an active ABN to lodge annual NFP self-review retu…

Fringe Benefits Tax (FBT) year-end approaches (31 March), it’s again time to consider all the benefits you have provided to your employees during the FBT year.

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Get your fringe benefits tax obligations in order

As the Fringe Benefits Tax year ends on 31 March, businesses should review the car-related benefits provided to employee…

Australian Prime Minister Anthony Albanese has announced the South-East Asia Investment Financing Facility, a $2 billion fund aimed at bolstering trade and investment between Australia and South-East Asia

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澳大利亚政府承诺提供20亿澳元基金来促进澳亚贸易投资

澳大利亚总理安东尼·阿尔巴尼斯宣布设立“东南亚投资融资机制”,为期20亿澳元,旨在�…

Australian Prime Minister Anthony Albanese has announced the South-East Asia Investment Financing Facility, a $2 billion fund aimed at bolstering trade and investment between Australia and South-East Asia

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Australian Government Promises $2bn fund to boost AU-Asia trade and investment

Prime Minister Anthony Albanese has announced the South-East Asia Investment Financing Facility—a $2 billion initiativ…

Forensic Audit and Accounting: Trends and Challenges in Australia

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Forensic Audit and Accounting: Trends and Challenges in Australia

Forensic audit and accounting merges investigative skill with financial expertise to uncover fraud, misconduct or errors…

The concessional and non-concessional contributions caps will be increasing effective from 1 July 2024

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Superannuation contribution caps increase from 1 July 2024

From 1 July 2024, the annual superannuation contribution caps will increase. The concessional cap will rise from $27,500…

Amendment to the Queensland Building and Construction Commission (QBCC) Minimum Financial Requirements (MFR) Regulation has been announced and commences today, Friday 16 February 2024.

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Minimum Financial Requirements Reporting Update

From 16 February 2024, the QBCC will again accept Special Purpose Financial Statements for Minimum Financial Requirement…