A better workplace
The Budget sees the Government place emphasis on generating ongoing employment opportunities for all Australians.
Claiming depreciation on investment property
Rental property investors have access to a range of tax strategies. One such strategy, which is often underutilised, is claiming depreciation as a tax deduction.
Property expenses, such as depreciation and capital works expenditure, can be deducted over a number years, adding to a significant return for property investors come tax time.
Moore Stephens are finalists for Accountants Daily’s Australian Accounting Awards 2017!
Moore Stephens is proud to announce that we have been shortlisted for the prestigious Australian Accounting Awards, partnered by Thomson Reuters.
Wake up Australia- become PPSA compliant and register your interests! A message to owners of commercial assets who allow others to have possession of their property
When will owners of plant and equipment and other commercial assets who allow others to hold or use their property realise they need to do a PPSR registration if they want to protect themselves? Despite repeated warnings about the risk of not registering and a number of court decisions that have made the situation clear, it appears that the message that owners need to register their security interests on the PPSR is still not getting through.
The recent WA Supreme Court decision of Flown Pty Ltd v Goldrange Pty Ltd 2016 WASC 419 has once again has highlighted the problem. The case involved a commercial lease situation and certain plant and equipment that was “owned” by the lessor that were on the leased premises. The lessor had earlier provided a loan of $460k to the Lessee for the purchase of the plant and equipment that was secured by the plant and equipment and guaranteed by the directors of the lessee.
Splitting super with your spouse
Since change is an inevitable part of Australia’s superannuation system, taxpayers should always be aware of and on the lookout for super strategies that they can take advantage of.
Understanding unfair dismissal
The number of unfair dismissal applications lodged last year suggests that employers are still struggling with unfair dismissal laws.
Around 14,800 unfair dismissal claims were filed in 2015, keeping the Fair Work Commission (FWC) very busy. And while most cases were settled before a formal hearing, they do create an unproductive distraction for employers.
Philanthropy for Family Offices
We have entered a new era of modern capitalism where high net worth philanthropists are using their wealth to generate social, economic and environmental returns.
Financial model reviews reveal interesting insights
My previous article about the Moore Stephens Victoria Corporate Finance team was on work we had been doing during winter on Initial Public Offerings (IPO), reverse takeovers (RTO) and an expert witness report. Some of that work carried over into Spring with a successful outcome for a number of those clients.
In this article I am writing about some of the interesting work we have been doing with financial forecast modelling – primarily for financiers. I also find this somewhat encouraging that a number of our clients are out there getting finance for expansion and new businesses.