Australia
Made in Victoria – Manufacturing Growth Program

By Berrin Daricili on 09/04/20 - Mins to read: 4 minutes

The Victorian State Government recently launched the Made in Victoria – Manufacturing Growth Program, a government fund aimed at supporting job creation through investment in sectors where Victoria has a competitive advantage, to ensure that industry thrives and is sustainable for the future. Victorian manufacturing is a significant contributor to...
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Is your internal finance function stretched to capacity?

By Nick Kenny on 09/04/20 - Mins to read: 4 minutes

Several factors have combined to leave many internal finance functions stretched to capacity. These include rising costs, a deep skills shortage, and rapid evolution of the CFO mandate to include functions such as risk, governance and HR. The good news is, there are outsourced Virtual CFO options that can be...
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5 reasons why you should stay on top of your SMSF admin

By Rachael Wade on 09/04/20 - Mins to read: 4 minutes

Typically, an existing Self-Managed Superannuation Fund’s (SMSF) annual tax return is due in mid-May of the following year, if filed with a registered tax agent. However, there are several significant benefits to staying on top of your SMSF administration and (where possible) filing your return early. An earlier tax refund...
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Employee or contractor: what you need to know about the ATO’s latest guidance

By Scott Lindeblad on 09/04/20 - Mins to read: 4 minutes

In February 2022, the High Court handed down two defining judgements: CFMEU & Anor v Personnel Contracting Pty Ltd [2022] HCA 1 (Personnel Contracting) and ZG Operations Australia Pty Ltd & Anor v Jamsek & Ors [2022] HCA 2 (Jamsek). These judgements provided guidance on the factors determinative of whether...
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Vendor mistakes in tax due diligence: what purchasers should be aware of

By Raffi Tenenbaum on 09/04/20 - Mins to read: 4 minutes

There are a range of potential tax issues that a purchaser can inherit when acquiring the shares in a private company, which is why the purchaser needs to undertake thorough tax due diligence and the vendor needs to be prepared. Due to the Australian tax system’s tendency to favour the...
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