We all work diligently to provide for our dependents and eventual beneficiaries. Protecting their future wealth is an excellent legacy for our survivors. So how do we provide this extra benefit?
One idea when making a Will is to establish a testamentary trust or trusts that commence upon the death of the Will maker.
Employers with 20 or more employees will need to change the way they report to the ATO from 1 July 2018.
Single Touch Payroll (“STP”) is a new reporting system the ATO has introduced. STP involves the reporting of payroll payments, PAYG and superannuation directly to the ATO for every pay run that is made.
On 18 September 2017, what has become called “the safe harbour defence”, became available to company directors from claims against them for allowing the company to incur debts whilst insolvent (“insolvent trading”). This reform was part of the Government’s National Innovation and Science Agenda launched in late 2015.
In my previous article, I discussed transferring the family farm to a child without paying stamp duty. The next important step is to seek professional advice as to the capital gains tax implications if the farm was transferred.
National Executive Partner and Managing Partner of the Brisbane office, Andrew Graham, recently took part in research for the Connecting Commerce: Business confidence in the digital environment whitepaper, written by Th
Small business owners take note!
At RSM, we have seen many businesses with cash flow problems or debt recovery issues successfully turned around as a result of early action on the part of directors and business owners.