Insights
Is your business debt putting your personal assets at risk?
As a form of protection for lending institutions, business owners can be held personally liable for loans and expenses incurred by their business when a business loan is ...
Deeds of Company Arrangement: Why they’re the best solution for struggling businesses
The federal government’s proposed new insolvency reforms for SMEs with liabilities of less than $1 million are a welcome relief in the current economic climate, but sad...
Tax reform: The case for change
As we emerge from the economic crisis caused by the COVID-19 pandemic, there has never been a better time to focus on holistic tax reform to remove the complexities, ineq...
The debt cliff: Is your business prepared?
We’ve seen fundamental changes to the Australian business environment in a short period as a result of COVID-19, with many business owners asking — what’s next?
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97% of tax revenue comes from 5 taxes; let’s talk about the remaining 3%
In Australia, five taxes make up 97 per cent of our tax revenue, so what are these five and does, the remaining 3 per cent revenue provide an opportunity?
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Understanding the Payment Times Reporting Scheme
To improve cash flow pressures for small business, the federal government has established a public Payment Times Reporting Scheme (the Scheme) whereby businesses and gove...
Unpacking the federal budget
In an uncertain economic climate, the Morrison government has unveiled a sensible and gentle Federal Budget 2020–21 with a focus on assisting businesses getting back to...
What directors need to know about the most significant insolvency reforms in decades
The federal government’s announcement that it would undertake the most significant reforms to Australia’s insolvency framework in 30 years is welcome news for many sm...
Unpacking the latest JobKeeper rules
The detailed rules on the extended JobKeeper program have been released. This article discusses how an entity works out whether the higher or the lower rate of JobKeeper ...
Capital gains tax — 35 years on and facing the chasm of middle age
The broadening of the income tax system under then treasurer, the Hon Paul Keating to encompass capital gains tax, “CGT”, from 20 September 1985 represented a profoun...
