Australia
What is a Virtual CFO and when does your business need one?

By Karly Whitehead on 02/11/23 - Mins to read: 3 minutes

In today's dynamic business environment, many organisations recognise the need for high-level financial expertise to guide strategic decisions and ensure robust reporting. However, the demands or resources may not yet justify a full-time, in-house Chief Financial Officer (CFO). This is where a Virtual CFO (VCFO) becomes an invaluable asset. A...
Read More >
Choosing your GP billing model

By Jennifer Rees on 02/11/23 - Mins to read: 3 minutes

As a self-employed General Practitioner you are in control of how you charge your patients, unless your practice has restrictions. This means you can choose to bulk bill a patient by billing Medicare directly or privately bill patients so they receive a rebate on part of their consultation fee. But...
Read More >
How medical professionals can navigate trusts following recent landmark rulings

By Belinda Hudson on 02/11/23 - Mins to read: 3 minutes

Trust structures have long been an effective tool for medical professionals in managing investment income distribution, providing asset protection, and achieving tax efficiency. Despite the recent ATO focus surrounding unpaid present entitlements (UPEs)—particularly after the Bendel v Commissioner of Taxation decision—trusts remain a legitimate and powerful part of medical practice...
Read More >
New ATO country-by-country reporting rules equal fewer exemptions and higher compliance

By Nicola Bird on 02/11/23 - Mins to read: 3 minutes

On 1 January 2025, the Australian Taxation Office (ATO) tightened its country-by-country (CBC) reporting exemption framework, making it significantly harder for multinational enterprises (MNEs) to qualify for tax exemptions. With fewer fast track exemption categories, stricter documentation requirements, and increased coverage and complexity of the Short Form Local File (SFLF),...
Read More >
R&D Tax Incentive considerations for financial year-end

By Alex Zinzopoulos on 02/11/23 - 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, if you’re unfamiliar with the RDTI scheme, or need a refresher here’s some background information to help...
Read More >
Virtual & Hybrid AGMs are very real

By Jeffrey Luckins on 02/11/23 - Mins to read: 3 minutes

There was a time when virtual AGMs were technically flawed, impersonal, untrustworthy and just not going to happen (and that time was before 2020). But those times certainly have changed and now virtual and/or hybrid AGMs are very real, safe, efficient, user-friendly and practically the only way for companies (in...
Read More >

Do you have a question you'd like us to answer?

Send it through and we’ll get it to the right person.

Get in touch