Australia
Unlocking value in SMEs: A guide to business valuation in Australia

By Chris Leahy on 21/04/21 - Mins to read: 4 minutes

Small and Medium Enterprises (SMEs) are valued differently at different stages of the business life cycle. Whether you're contemplating a sale, seeking investment or planning for the future, succession is an inevitable reality in every business owner's journey, and it is never too early to start growing the value of...
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Australia’s Digital Games Tax Offset

By Alex Zinzopoulos on 21/04/21 - Mins to read: 4 minutes

Article updated as of 24 Jan 2024 As part of the Australian Government’s Digital Economy Strategy announced in the 2021-22 Federal Budget, the Digital Games Tax Offset (DGTO) measures have now been brought into effect. The intent of the DGTO is to promote the growth of the Australian digital games...
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ATO updates draft ruling on software royalties: What you need to know

By Nicola Bird on 21/04/21 - Mins to read: 4 minutes

On 17 January 2024, the Australian Tax Office (ATO) released the updated draft tax ruling, TR 2024/D1 setting out its characterisation of payments related to software and other intangible property rights. This draft ruling comes three years after the first draft was provided in TR 2021/D4. What is the relevance...
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Modernisation of Victoria’s property taxation: commercial & industrial property tax reform

By Kyle Wathen on 21/04/21 - Mins to read: 4 minutes

Victorian Treasurer Tim Pallas unveiled additional details regarding the Victorian Government's initiative (announced in the May 2023 budget) to eliminate stamp duty on commercial and industrial property transactions, replacing it with an annual commercial and industrial property tax (CIPT) on December 11 2023. Set to commence from July 1, 2024,...
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