10 key tips to keep the cash flowing
10 key tips to keep the cash flowing No matter what kind of business you operate, cash flow is what keeps it going. Your business may be making sales left [...]
ATO cracking down on R&D
Following the recent abuse of the program by the building and construction industry, the Australian Taxation Office is cracking down on the exploitation of research and development tax incentives and will be addressing the misuse of the incentive.
Innovation Statement: The tax implications you need to know
In it's innovation statement released last year, the Government sought to remove the fear of failure by offering tax breaks and changes to insolvency laws to provide greater flexibility for entrepreneurs and investors in innovative start ups. Two of these key tax measures were recently legislated.
Superannuation reform explained
The Government has released the first wave of draft legislation enabling the superannuation reforms announced in the 2016-17 Federal Budget – but only the good news. More controversial changes including the $500,000 lifetime non-concessional contributions cap and the $1.6m cap on tax-free super balances have been left for another time.