Australia
Interest-free related party loans under ATO scrutiny

By Sharon Grice on 19/03/24 - Mins to read: 2 minutes

PCG 2017/4 and Final Schedule 3 – interest-free loans between related parties In the current economic environment, marked by increased regulatory scrutiny and a renewed global focus on base erosion and profit shifting (BEPS), cross-border related party financing remains a key area of compliance risk. The Australian Taxation Office (ATO)...
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Small business tax planning tips: the do’s and don’ts

By Scott Harrington on 19/03/24 - Mins to read: 2 minutes

Many small business owners can become so focused on the day-to-day operations of running their business that they leave their End of Financial Year (EOFY) tax planning to the very last minute. This can make settling accounts and meeting compliance regulations a daunting process when your to do list is...
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Loxton Student Awarded Inaugural William Buck Regional Scholarship

By William Buck on 19/03/24 - Mins to read: 2 minutes

Adelaide, South Australia – William Buck is proud to announce Tyler Hobby as the first recipient of the William Buck Regional Scholarship – an initiative designed to support students from regional South Australia in pursuing tertiary education in accounting and finance related fields. Tyler, a former Loxton High School student,...
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How can a Virtual CFO help your business at EOFY?

By Nick Kenny on 19/03/24 - Mins to read: 2 minutes

The end of the financial year (EOFY) is critical for any Australian business. It’s a time for looking back at financial performance and, just as importantly, planning for the year ahead. For many businesses, particularly small to medium-sized enterprises (SMEs), understanding how a Virtual Chief Financial Officer (VCFO) contributes during...
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Do you need to restructure your business in the new financial year?

By Helen Ali-Happala on 19/03/24 - Mins to read: 2 minutes

Running a small to medium sized business in Australia comes with immense rewards, but also unique pressures, especially when financial difficulties arise. If your business is navigating choppy waters, the Small Business Restructure (SBR) program, introduced by the government in January 2021, offers a structured, cost-effective pathway to help reorganise...
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