Australia
Superannuation Contribution Caps set to increase from 1 July 2024

By Charis Liew on 29/04/24 - Mins to read: 3 minutes

The Australian superannuation regime is about to change once again, with contributions caps set to rise from 1 July 2024. While this adjustment may appear straightforward, understanding its interaction with the General Transfer Balance Cap, total superannuation balance and its implications for retirement planning is crucial. The current framework for...
Read More >
R&D Tax Incentive considerations for financial year-end

By Alex Zinzopoulos on 29/04/24 - Mins to read: 3 minutes

With EOFY just around the corner, we’ve outlined simple steps businesses can take before year-end to ensure they receive the maximum amount from their Research and Development (R&D) Tax Incentive claim. But first, in case you’re unfamiliar with the RDTI scheme, or need a refresher, here’s some background information to...
Read More >
R&D tax incentive landmines and how to steer clear of them

By Jack Qi on 29/04/24 - Mins to read: 3 minutes

This article was first published in Startup Daily (Note: the following are general observations only and do not constitute tax advice) News of Macquarie Bank writing off its $46m investment into software company Plutora brought to light the devastating impact that denied Research and Development (R&D) tax incentive claims can...
Read More >
How planning an exit from ownership can help practice owners

By Paul Copeland on 29/04/24 - Mins to read: 3 minutes

As a practice owner, it can be hard to know when to sell your practice. The reality is that there may never actually be a ‘perfect’ time to sell. As such, waiting for that optimal point may just be holding you back from the next phase of your life. Having...
Read More >
Empowering manufacturing teams: The role of employee share schemes

By Nicholas Mirarchi on 29/04/24 - Mins to read: 3 minutes

In the dynamic world of manufacturing, where innovation, efficiency and collaboration are paramount, the significance of fostering a motivated and engaged workforce cannot be underestimated. We find that corporates may not consider certain tools that exist to help align the interests of employees with the long-term success of a business....
Read More >
Review your contracting arrangements for practice owners

By Belinda Hudson on 29/04/24 - Mins to read: 3 minutes

It has been common over many years for medical practices to engage practitioners on what has been colloquially described as a ‘contracting basis’. The term contractor is somewhat misleading as in most cases they operate as independents and are not contracted by the practice. This has led to some confusion...
Read More >