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Our latest thoughts and analysis to keep you informed and help you achieve results.
Navigating outstanding debts can be a daunting task, especially debts with the Australian Taxation Office (ATO). The...
When looking to exit from a shareholding in a private company, a direct sale of shares by...
Business succession planning At some point in your businessโ lifecycle, you must consider its succession. Deciding the...
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Just under 35% of practice owners intend to exit their practice within the next six to 10...
As the health industry becomes more complex, the value of having an industry-specific advisor becomes more important....
If youโre a medical professional in private or group practice, ensuring your practice structure is optimised for...
With interest rates remaining higher in recent months, businesses face numerous challenges in managing the impact of...
Cashflow is one of those things that doesnโt seem to fall into the urgent category and is,...
One of the key responsibilities of the modern CFO is to obtain appropriate funding for the business,...
Navigating outstanding debts can be a daunting task, especially debts with the Australian Taxation Office (ATO). The...
When looking to exit from a shareholding in a private company, a direct sale of shares by...
What is a Members' Voluntary Liquidation (MVL)? Members' Voluntary Liquidation, otherwise known as an MVL or Solvent...
If youโre working with a financial advisorโwhether through William Buck or another firmโyou may already know that...
A Non-Binding Indicative Offer (NBIO) is the first โletterโ or โagreementโ a potential purchaser submits to a...
Manufacturing businesses constantly face the dual challenge of driving growth while meeting stringent environmental standards. With rising...
The Australian Taxation Office (ATO) is intensifying its focus on stricter compliance, actively pursuing outstanding tax debts...
Discretionary trusts are a unique and flexible structure particularly adapted to family arrangements. As well as the...
Payroll tax continues to be a significant concern for practice owners across Australia. Although various state governments...
So, youโve started to consider business exit planning. But which option yields the most attractive return โ...
All those that are key to a business, including its owner/s, executive team, senior management and advisors,...
The highly anticipated next round of the Export Market Development Grant (EMDG) program is set to open...
What is this grant about? The Export Market Development Grant (EMDG) is a key Australian Government financial...
One of the most common queries we receive from medical practitioners is about the practical benefits of...
Wealth transfer has become a hot topic at the dinner table for many Australian families. The strong...
Purchasing your own practice premises is a big decision and should be made with consideration of the...
As a dentist, you have invested significant time and resources into building a practice that provides high-quality...
Have you ever wondered whether the costs of conferences, seminars and efforts at self-education are deductible? And...
Business succession planning At some point in your businessโ lifecycle, you must consider its succession. Deciding the...
Corporate insolvency has been on a steady rise since the government's COVID-19 support measures ended, and forecasts...
Owning a small to medium business (SME) can be a lucrative investment. However, when the time comes...
Super SA has announced a new lifetime limit cap of $1,780,000 for its Triple S account holders,...
It seems that nearly every affluent family in Australia is either establishing a family office or seeking...
For many years, the Australian Taxation Office (ATO) has been concerned that an insufficient portion of professional...
For some Chief Financial Officers, there might come a time when the wind up of your company,...
In a Family Office, addressing family dynamics and establishing good governance should occur before developing or executing...
Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape, serving as...
Youโre a CFO in the final lap of the annual financial statements audit โ almost all ticking...
With the end of financial year (EOFY) just around the corner, itโs not too late to start...
1. Cost of living measures Securing cheaper medicines The Government will provide up to an additional $3b...
Australia has introduced significant changes to its thin capitalisation rules this year. These changes aim to prevent...
While the end of the financial year is fast approaching, there is still time for business owners...
If youโre the owner of a small or medium-sized business (SME), youโll be well aware of the...
Small business tax planning can be daunting โ especially when it adds to your already exhaustive To...
The Australian superannuation regime is about to change once again, with contributions caps set to rise from...
With EOFY just around the corner, weโve outlined simple steps businesses can take before year-end to ensure...
This article was first published in Startup Daily (Note: the following are general observations only and do...
As a practice owner, it can be hard to know when to sell your practice. The reality...
In the dynamic world of manufacturing, where innovation, efficiency and collaboration are paramount, the significance of fostering...
It has been common over many years for medical practices to engage practitioners on what has been...
This article is part of a three-part series on Navigating your Annual General Meetings and provides tips...
Have you ever wondered if you can claim tax deductions for your travel expenses for a recent...
Small and medium-sized enterprises, or SMEs, play a significant role in the economic landscape, creating jobs, fostering...
Salary packaging can be an excellent way for employees to save tax. Medical professionals in hospitals, for...
The payroll tax debate and its impact on General Practices continues. Several Australian state revenue offices released...
Maximising the profitability of small and medium enterprises (SMEs) involves implementing balanced strategies that not only prioritise...
The valuation of a business reflects its position in the market, its past performance and future potential....
How can the Board trust the CEO and management? Rarely is such a sentiment written down in...
Small and Medium Enterprises (SMEs) are valued differently at different stages of the business life cycle. Whether...
Article updated as of 24 Jan 2024 As part of the Australian Governmentโs Digital Economy Strategy announced...
On 17 January 2024, the Australian Tax Office (ATO) released the updated draft tax ruling, TR 2024/D1...
Victorian Treasurer Tim Pallas unveiled additional details regarding the Victorian Government's initiative (announced in the May 2023...
Itโs a common scenario, you've been running a successful practice for many years and are starting to...
The festive season is here, and with it come the Fringe Benefits Tax (FBT) implications related to...
Running a successful dental practice requires careful planning, excellent patient care and effective management. While the quality...
As business advisors who work closely with medical professionals, we wish to highlight some common misconceptions about...
Tech company revenues โ so important for valuations as these companies aim to build and grow. The...
A common question that wealth managers are asked is, โHow wealthy does my family need to be...
Illegal phoenixing is a deceptive manoeuvre used by some businesses to sidestep their obligations, leaving creditors, employees,...
The NSW Government has announced a raft of changes to the landholder duty regime set to take...
This article is part of a three-part series on Navigating your Annual General Meetings and provides tips...
Family-owned businesses form the backbone of many economies, and a unique aspect of these businesses is the...
Owning and managing a family business can be immensely rewarding, especially for the older generation, who get...
The Federal Government intends to reduce the concessions available to individuals with superannuation balances that exceed $3...
Family businesses, with their rich legacies and shared values, hold a unique place in the business world....
STP Phase 2 changes that need your input with two key actions. Firstly, carefully review your payroll...
Small and medium-sized enterprises, or SMEs, play a significant role in the global economic landscape. These organisations...
On Thursday, 5 October 2023, the Hon Tim Pallas introduced The State Taxation Acts and Other Acts...
Family businesses are often lauded for their resilience, values and continuity across generations. Yet, within these close-knit...
Do you use your car for job-related duties or to run your business? If you do, you...
UPDATED (as of 22 November 2023) On 15 February 2023, the ATO finalised its new more stringent...
Family businesses are often built on a foundation of shared values, trust, and a vision for the...
In times of economic uncertainty, SME businesses are generally squeezed harder than larger ones, with fewer levers...
In a world of conglomerates and global enterprises, family businesses stand out as a testament to the...
Australia has introduced a string of tax and superannuation changes this financial year, which CFOs and finance...
Family businesses are the engine-room of our economy, contributing significantly to job creation, innovation, and economic growth....
As a financial adviser that works closely with clients in the medical industry, I am increasingly asked...
Australiaโs new MyMedicare voluntary registration model aims to strengthen the relationship between patients and their providers, with...
Electric cars are now exempt from Fringe Benefits Tax (FBT), making it an opportune time to boost...
For Australian businesses, June provided greater insights into the future of sustainability reporting including for who and...
As we continue to grapple with the challenges that stem from climate change, pollution and resource depletion,...
Disruption The Foxtel IQ product was world leading technology throughout the 2000s. However, Foxtel faced allegations in...
Geopolitical tensions, shipping delays and rising freight costs are compounding the bleak global supply chain situation โ...
Written by Tom Laundy & Jennifer Rees William Buck welcomes todayโs announcement of a 12-month amnesty on...
If economic uncertainty is impacting your business to the point where youโre unsure if it will continue...
Setting up an employee share scheme (ESS) or employee stock option plan (ESOP) to attract, retain and...
Small businesses have a one-off amnesty to lodge outstanding tax returns without penalties. The amnesty operates until...
Our 2023 Exit Smart Report indicates that 43% of SME business owners and key decision makers are...
Year-end financial planning can seem overwhelming, but itโs a valuable opportunity to implement tax time tricks that...
Advice Summary: Prepare for tax exemption reforms for Not For Profits (NFPs) starting 1 July 2023. Self-assessing...
This article was originally posted on 27 July 2021 and has been updated as of 30 May...
Victorian Treasurer Tim Pallas has handed down a budget focused on the government "taking responsibility" for the...
There was certainly a lot of talk in the days after the 2023 Federal Budget in relation...
By now you are probably aware of the newly announced Strengthening Medicare โ GP Grants Program. The...
Earlier this month as part of the 2023-24 Federal Budget, Treasurer Jim Chalmers announced a range of...
1. Cost of living Energy bill relief ย The Government will work with Territory and State Governments to...
โญณ Download Infographic (.png) 1.ย Get your compliance in order The ATO is focusing on high value...
HelpPay, a William Buck client, is about to embark on a crowd-sourced fund raise. Weโre taking the...
When it comes to financing your business for growth, you generally have two options; either you use...
Business owners are often occupied with the operational requirements of running a business and as a result,...
Victorian landowners have been in receipt of their 2022 land tax assessments in the recent weeks and...
For the purposes of NSW State taxes, a โforeign personโ is anyone is: not 'ordinarily resident in...
Have you ever wondered who reviews and approves your Research and Development (R&D) refund? Surely, your activities...
The Victorian State Government recently launched the Made in Victoria โ Manufacturing Growth Program, a government fund...
Owners of land in New South Wales are facing a potential three-year surge in land tax, following...
Several factors have combined to leave many internal finance functions stretched to capacity. These include rising costs,...
Typically, an existing Self-Managed Superannuation Fundโs (SMSF) annual tax return is due in mid-May of the following...
In February 2022, the High Court handed down two defining judgements: CFMEU & Anor v Personnel Contracting...
There are a range of potential tax issues that a purchaser can inherit when acquiring the shares...
With economies firing back up from their COVID malaise, we are experiencing an environment of low unemployment...
With the CFOโs focus having shifted a great deal over the last decade, particularly during the pandemic,...
You know the playbook โ get hold of that promising target, be it gold, lithium, or a...
Super SA has announced important changes effective 30 November 2022, that provide exciting tax saving opportunities for...
Perhaps the most intriguing announcements in last weekโs Federal Budget werenโt tax changes or new economic policies,...
In recent years, Software as a Service (SaaS) startups have been fed on a steady diet of...
There is no doubt that Australiaโs tax residency rules are complex, especially regarding individuals. For some time,...
Cost of living relief Cheaper childcare From July 2023, Child Care Subsidy rates will increase to 90%...
Download PDF 1. Paid parental leave The Federal Government has announced the biggest expansion of the Paid...
โYear-end tax planningโ should start well before 30 June and be ongoing, with many strategies best implemented...
Business today is incredibly fast paced and the traditional month-end analysis to identify trends or incidents that...
Despite the many challenges faced by small businesses over the past few years, those that have forged...
As a result of the rapid digitalisation of businesses and economies, transactions involving cryptocurrency and other digital...
Voluntary Administration is a process that allows for an independent insolvency expert to take control of a...
Why should wealthy families use a multi-family office? What is it and how is it different from...
An increasing number of SME business are facing compounding debts and are struggling to stay above water....
We understand the important role that Australiaโs refundable R&D tax incentive plays in financing R&D projects for...
Australian businesses and residents can now purchase a โ.auโ domain for their website address. While this has...
For the latest updates, please see below: M&A, Venture Capital and Private Equity Insights 2022 M&A, IPO,...
Launching a start-up, let alone a successful one, is not a simple feat. It requires planning, time,...
Effective cash flow management is critical to running a business, particularly in periods of economic instability. Poor...
In May 2022, the Australian Labor Party (ALP) formed a majority federal government, flagging significant changes aimed...
This article was first published in Startup Daily on 3 August 2022. For founders, the day that...
The old adage โCash is Kingโ is in many respects correct for both businesses and business owners...
The new financial year brought a flurry of significant superannuation contributions changes from 1 July 2022 -...
Detection of employee fraud sits squarely within your remit as a CFO, and evidence shows that itโs...
Undertaking a capital raise is complex and often daunting. It requires time and planning. If youโre considering...
You worked tirelessly to own your dream home, but youโve suffered an injury or illness that prevents...
What a difference three months can make in the world of finance. It doesnโt seem that long...
Inflation is the talk of the town, and its affects are becoming more apparent, impacting groceries, fuel,...
A client concerned about investing during market volatility asked, โWhy wouldnโt I just throw all my money...
To boost tax collections and reduce an estimated budget deficit of near $80bn, we expect the new...
As a CFO, the buck stops with you to ensure the month-end close is efficient and as...
Youโve built your e-commerce platform, based on research and solid business and marketing plans, but how do...
You have conducted your research and backed it up with solid business and marketing plans which will...
So, before I start โ yes, an Initial Public Offering (IPO) is a major milestone event, and...
As the planning cycle commences for the financial year 2023, itโs a good time to focus on...
AusIndustry recently issued a determination allowing certain clinical trials to be accepted as eligible core Research and...
Looking to level up your innovation? Innovative businesses drive markets and innovative markets drive change. Life Cycle...
Virtual CFOs can support busy business owners by identifying potential risks and implementing financial strategies to drive...
Proposed changes to the NSW transfer duty provisions are expected to impact option agreements in real property...
After two years of heavy spending amid the pandemic and no tax rate increases in sight, how...
Following a relatively quiet period during the COVID-19 pandemic, the Australian Taxation Office (ATO) has resumed its...
We understand that starting in private practice can be daunting, so weโve put together a list of...
Effective 1 November 2021, all directors of registered bodies are required to obtain a Director Identification Number...
Josh Frydenbergโs 2022 - 2023 Federal Budget was announced recently, with few surprises and a raft of...
This article was first published on The Medical Republic on 15 March 2022. Be alert, but maybe...
The 2022/23 Federal Budget has a focus on short term cost of living pressures as well as...
1. Utilise incentives to upskill your workforce Can you use the skills and training boost for financial...
When a companyโs life cycle has run its course and the corporate entity is no longer required,...
Recent gyrations in the rouble highlight a problem in financial reporting โ what โisโ a foreign currency...
This article was first published by The Medical Republic, 15 February 2022 Developing and implementing key performance...
As a follow up to our extensive 2021 M&A and VC Report launched in August, below youโll...
With the acceleration of blockchain, Non-Fungible Tokens (NFTs) have gained significant popularity over the last few years....
A staggering 85% of SME business owners have identified compliance as the biggest source of stress in...
The ATO has announced a major crackdown on the taxation of family trusts. In a long-awaited series...
The ATO has announced a major crackdown on the taxation of family trusts. In a long-awaited ruling,...
For two years, COVID has disrupted our lives, our short-term goals and achievements. But what impact has...
This article was first published by AMTIL on 21 December 2021. Knowing that employers will respect and...
The Australian Tax Office (ATO) has operated successful tax assurance programs for private groups for a number...
2022 Small Business Support Program Applications for the 2022 Small Business Support Program open on Monday 14...
New employees Effective 1 November 2021, an extra step is now required when onboarding new employees without...
With the New Year upon us, many people will use the change of calendar as an opportune...
With Bitcoin being declared legal tender in El Salvador and more generally gaining acceptance as a transaction...
โHow much do I need to retireโ is one of the most common questions we are asked...
Virtual CFOs possess unique skills that enable them to assist growing businesses in many ways. Here, we...
This is the first article in a two-part series on business restructuring and explores the why, when...
When the COVID-19 pandemic first struck in early 2020, mergers and acquisitions (M&A) ground to a halt....
While the Christmas break for many is a time to recover and plan for the new year,...
The Mental Health and Wellbeing Payroll Tax Surcharge will commence from 1 January 2022 and is payable...
This article was written with the assistance of Greg Parker, Partner at Swaab Attorneys.ย In Australia, itโs...
Australiaโs current insolvency law does not clearly address the treatment of corporate trusts which are commonly used...
Investing is a life-long pursuit. It may take on different forms as we move through our lives,...
Most private businesses and many family groups have an Australian trust somewhere in their legal structure. While...
In a strong warning to company directors over the past four weeks, Australiaโs corporate watchdog has issued...
Phase two of The ATOโs Single Touch Payroll (STP) reporting regime is due to come into effect...
Business SA's Quarterly Survey of Business Expectations (SOBE) for the September quarter, prepared in partnership with William...
Management reports aim to allow users to assess the companyโs strategy, identify its strengths and concerns and...
There was a time when virtual AGMs were technically flawed, impersonal, untrustworthy and just not going to...
In response to Treasurer Frydenbergโs announcement in May of the governmentโs intentions to reform Australiaโs insolvency framework...
In recent weeks, we have been contacted by many concerned clients regarding the Thomas Case and the...
At its core, employee share schemes (โESSโ) are designed to align the interests of employees with those...
What are Director Identification Numbers? The Director Identification Number (DIN) is a 15-digit unique identifier that relevant...
Victoriaโs State Revenue Office has announced a Homebuyer Fund that enables eligible homebuyers to now receive a...
Iโve never attended a 125th birthday before. But this milestone for William Buck was worthy of celebration....
The NSW Government has announced phasing out of its business support payments as vaccination rates in NSW...
The Victorian Government has provided further detail on the Business Support Package, including greater clarity around the...
Youโve progressed your enterprise from startup and angel capital raising rounds and are now ready to consider...
The Federal Government has officially announced its plan to transition away from the COVID-19 Disaster Payment as...
A frequent discussion Iโm having with clients is how to regain some hours in their day as...
This is the first in a two-part series on establishing an e-Commerce business in Australia. The e-commerce...
What is financial forecasting? Financial forecasting is the process of estimating the future financial performance of a...
Selling your business can be a life changing event. Whether you are a small business owner, or...
Given the sheer size of global markets relative to Australia, international expansion is usually a necessary step...
William Buck acts for many owners of general medical practices across Australia. Consistently, one of the top...
Chinaโs burgeoning middle-class, together with the China-Australia Free Trade Agreement has created a wealth of opportunities for...
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่ฏป็ฎไฝไธญๆ็ Tax residency has become a hot topic lately, with a suite...
An extension of the Australian Taxation Officeโs (ATO) data matching program means your yacht, Porsche or Archibald...
Healthcare, which is one of a few sectors leading the current resurgence of deal making activity in...
This is the first article in a three-part series on developing and tracking practice performance through Key...
This article is the second in a series that looks at the VCFO role, how it differs...
Tuff Group Holdings (Tuff Group) has received grant funding with the help of William Buck to build...
Tax is an ancient beast trying to deal with a rapidly changing world. It is struggling to...
This articles was first published by Praxity on 24 May 2021. As the pandemic wanes, accountants and...
This article is authored by Cameron Johnstone, Dominic Molluso and Sean Wengel. Employee fraud is all too...
Transitioning to simplified disclosures The Australian Accounting Standards Board has issued AASB 2021-1 Amendments To Australian Accounting...
Governance standard strengthenedย The Federal Government has announced amendments to governance standard three to ensure that Australian...
New guide on AGMsย New guidance should help organisations navigate uncertainty about holding AGMs and executing electronic...
Latest Updates 20 September | Reconfirm your Eligibility for the JobSaver Scheme fortnightly Service NSW has issued...
Latest Updates 30 August | Decline in turnover test for service entities Service NSW has updated its...
This article is part of an ongoing โAsia Pacific Insights Seriesโ, co-authored by Vivi Chen, Cica Chen...
Latest Updates 20 September | Reconfirm your Eligibility for the Micro-business Grant fortnightly Service NSW has issued...
In response to the South Australian 7 day lockdown beginning 21 July 2021, the State Treasurer has...
With the transition to real time accounting using cloud-based software, an increase in flexible working arrangements and...
โYear-end tax planningโ โ you hear it so many times that youโd think the two were synonymous....
Cash is king and funding is the fuel on which a business runs. With the uncertainty caused...
COVID-19 has thrown a spanner in the works of succession plans for many Australian businesses. Uncertainty around...
Scott Morrison and Gladys Berejiklian have announced a raft of new support measures for the state of...
Scott Morrison, Gladys Berejiklian and Dominic Perrottet have jointly announced a raft of new support measures for...
From 1 July 2021, a raft of new superannuation laws were introduced including changes to key superannuation...
The NSW Government has announced a number of support measures to assist businesses in NSW affected by...
Itโs time to take an in-depth look at tax deduction opportunities you may be missing โ home...
Have you been confused by how the taxation system works in Australia? In this article, we are...
Each year, you are required to lodge your tax return with the ATO either by yourself or...
As junior doctors, most of you would have used a Higher Education Loan Program (HELP) loan to...
Returning to work when raising a child can be a challenging time. ย Here, we help demystify when...
This article is part of an ongoing โAsia Pacific Insights Seriesโ, co-authored by Vivi Chen, Cica Chen...
All R&D Applications for the year ending 30 June 2021 (FY21) and beyond will need to be...
Events of the last 12 months have seen many people change the way they work, with some...
With over $1 billion allocated to its Digital Economy Strategy in the recent Federal Budget announcement, the...
This article is part of an ongoing โAsia Pacific Insights Seriesโ, co-authored by Elvina Tio, Sandy Lam...
Employee share schemes (ESS) are a great concept. They aim to align the interests of employees with...
All directors of Australian companies will be required, by 30 November 2022, to obtain a Director Identification...
Financial year end can be daunting, but rather than approaching it with disdain and visions of sky-high...
This article is part of an ongoing โAsia Pacific Insights Seriesโ, co-authored by Spring Wu, Julie Hong,...
Victoriaย has announced a new $250.7ย million Circuit Breaker Business Support Package to assistย 90,000ย businesses affected by theย seven-day circuit breaker...
This article will explain why organisations require audits, identify the legislation that enacts those audits, and detail...
Dear Special Purpose Financial Report Preparers โ let me call you SPFRPs for short โ it will...
In March 2020, the Australian Accounting Standards Board approved the issue of AASB 2020-2โฏRemovalย of Special Purpose Financial...
It is hard to believe that we are in June already, and with only four weeks until...
This article was first published on the LinkedIn Business Page of The Professional Medical Practice on the...
This article is part of an ongoing โAsia Pacific Insights Seriesโ, co-authored by Vivi Chen, Cica Chen...
What is a not-for-profits entity? A not-for-profit entity, as its name suggests, is an organisation that does...
This article was originally published by AMTIL on the AMTIL website on 20 May 2021. There is...
Itโs nearly the end of the financial year which means itโs time for businesses to prepare their...
This is a White Paper published by the SMSF Association As expected, this yearโs Federal Budget has...
We recently communicated the upcoming changes to Income Protection proposed to take effect on 1 October 2021....
Breakthru back-pays more than $2.7mย ย Disability services provider Breakthru Ltd is back-paying employees more than $2.7 million...
ACNC releases new best-practice disclosures guideย ACNCโs new best-practice guide for charities reporting on government revenue they...
Increasing financial reporting thresholds for ACNC-registeredย charities The Council on Federal Financial Relations has asked that a framework...
With the 2021-2022 Federal Budget announced, companies involved in driving Australiaโs innovation can start planning their future...
It is well documented that the Australian healthcare industry is not only the largest industry in Australia...
William Buckโs dedicated technology specialists have summarised the key items for Victorian Technology businesses in this yearโs...
This article was first published by StartUp Daily on 12 May 2021. Now that the dust is...
Itโs time โ whether youโre just starting to build your portfolio or a sophisticated investor with extensive...
The 2021-22 Federal Budget has a focus on fiscal stimulus measures rather than austerity. In particular the...
1. Invest in capital assets Look at your planned capital expenditure. If your business needs to buy...
Commentary from Nicholas Benbow, Director Audit and Assurance at William Buck Accountants and Advisors AFSL licensees will...
Founders spend years growing their business and building something of value. When the time comes for an...
A lot has been made about the impact of the change in Australian company reporting requirements. This...
There has been much discussion recently around whether we are in another tech โbubbleโ. Unlike traditional businesses,...
This article was first published on 9 February 2021 on the Praxity website. CFOs face significant challenges...
Being future ready with smart effective decision making will be the defining characteristic of companies that thrive...
Every real CFO knows that the drivers of wealth creation in a business are its intangible assets....
Cybersecurity has become a hot topic in recent times following some high profile cyber-attacks with major economic...
While not a lawyer, I still see the importance of educating my clients about estate planning as...
As economies begin to recover, we take a look at Chinaโs activity and the big winners of...
Diversification is highly regarded but just how important is it when investing? While diversifying investments can reduce...
What is it? If you are undertaking a project to develop and commercialise new or improved products...
What is it? If you are undertaking a project to develop and commercialise new or improved products...
What is it? If you are undertaking a project to develop and commercialise new or improved products...
When purchasing an investment property, or any investment asset for that matter, you should consider whether you...
The popularity of online accommodation booking websites has been exponential, especially in light of the restricted overseas...
The long-awaited update from the ATO on the allocation of profits for professionals has now been released...
Dealing with Fringe Benefits Tax (FBT) issues can be complicated at the best of times, however the...
A number of our larger medical client groups have recently been approached by โlarge corporatesโ and/or Private...
Latest Update 25 August | Federal Government has removed the requirement for SMEโs to have received JobKeeper...
On 25 March 2020 temporary laws came into effect to create greater flexibility for employers and workers...
This article was first published by Inside Small Business on March 21. As Australia recovers from the...
Successful investors will often think and behave differently to most. This is particularly true when it comes...
For your startup to succeed, robust financial management is needed to help you clearly pinpoint how much...
As we edge closer to the end of the 2021 Fringe Benefits Tax (FBT) year on 31...
Income protection or salary continuance is a type of insurance policy that can provide coverage of up...
Cryptocurrency became part of our reality around 12 years ago and one of the main benefits of...
Grant funding is an excellent source of government support to help our clients get ahead, stay competitive,...
A year ago, the South Australian agri-sector was facing hot, dry and damaging conditions. Now, itโs managing...
The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...
The first few weeks of February 2021 saw the Australian Securities and Investments Commission (ASIC) disqualify three...
It's obvious...and it isn't... You have built your business, firstly through bootstrapping it in its start-up phase...
It's reassuring to hear the Prime Minister's words recently that "Australian Digital Economy is crucial to jobs...
Do you trust your employees to work well from home? Trust is more important than ever as...
The Australian Tax Office is expanding its wings by beginning the process of collecting more data and...
Eligible businesses can receive $10,000 in funding per application, up to a maximum of $250,000, as part...
If so, you may want to consider engaging William Buck to assist now. There is currently a...
ACNC reports more than $195 million in revenue errors in 2018 The Australian Charities and Not-for-profits Commission...
New SPFS disclosures take effect Underย AASB 2019-4ย Amendments to Australian Accounting Standards โ Disclosure in Special Purpose Financial...
Targeted funding critical for NFPs' survival The Australian Institute of Company Directors annualย NFP Governance and Performance Studyreveals...
Every investor wants to build wealth in some form or another. Itโs the approach and process that...
Personalise Your campaigns Big data and innovative analytics tools enable businesses to create highly targeted campaigns with...
In this day and age, thereโs no excuse for not knowing what your customers want. Gone are...
Philanthropy can be approached from all sorts of angles. Traditional approaches involve donating money to a chosen...
Itโs obviousโฆand it isnโtโฆ You have built your business, firstly through bootstrapping it in its start-up phase...
Do you trust your employees to work well from home? Trust is more important than ever as...
Reforms to Australiaโs insolvency framework have now taken effect for eligible businesses with liabilities of less than...
Now is the perfect time for companies to truly commit to digital transformation. Businesses are continually facing...
Over the last 8-10 months, COVID-19 has crippled global supply chains, and while Australia is finally heading...
The start of the new year brought with it the second JobKeeper extension (the first having ended...
Itโs that time of year when everyone seems to be making New Yearโs resolutions. Often personal New...
One of the greatest business challenges forย patriarchs andย matriarchs is planning the transition of their family businesses to...
Shortly after the October Federal Budget was handed down, I wrote an article in which I asked...
As the Victorian state endeavours to get people back to work to combat the governmentโs COVID-19 induced...
During these uncertain times, itโs normal to feel nervous about your investments. However, itโs crucial during a...
Why would you buy another business, let alone now? While the pandemic has brought about significant changes...
Exceptional circumstances cause infrastructure to be scaled up rapidly and the COVID-19 crisis resulted in massive levels...
I recently listened to Praxityโs latest podcast episode on the effects of COVID-19 on China. It was...
With so many grants up for grabs, you may not even realise that youโre eligible to apply....
Today, the Treasurer of NSW the Hon. Dominic Perrottet MP, released NSWโs much anticipated state budget for...
COVID-19 has had a significant impact on the Australian economy. However, some commercial measures that may be...
In response to the coronavirus pandemic, the Australian Government made temporary telehealth items available through Medicare to...
The decision to invest using a family trust or superannuation depends on an individual's circumstances and should...
The client The company is a global market leader in battery powered end-to-end industrial sensors and IOT...
What is it? The Australian government recently announced its new Modern Manufacturing Strategy, which will involve a...
Are you confused by the tax implications of expenses incurred on your investment property? Keep reading, as...
Do you tend not to think too much about superannuation because you are still young? Keeping an...
Investing in shares is one of the most popular ways to invest, especially for the younger workforce...
If you have not made use of the full $25,000 concessional (before tax) superannuation contribution cap, then...
Fundraising reforms to aid Vic charities The Victorian government has passed Consumer Legislation Amendment Act 2019, which...
Wage underpayment FAQs Wages underpayment has become a pressing issue in the Australian economy.ย Several large businesses...
ACNC focuses on DGR reforms Reviewing deductible-gift-recipient reforms is a notable focus of the ACNCโs 2020-21 corporate...
COVID-governance report released The Australian Institute of Company Directors and the Governance Institute of Australia have released...
The best performing for-purpose Boards and Investment Committees (ICs) recognise their primary role is one of governance,...
At William Buck we see plenty of exciting new tech enterprises with a product morphing from idea,...
When making any significant financial decision in life it pays to undertake a detailed benefits and cost...
Traditionally, when we think of a Family Office, powerhouse business names like Rockefeller or Rothschild come to...
As advisors to a significant number of medical professionals, we often see these professionals make less than...
While there are many more interesting and fun aspects to consider when setting up an e-commerce business...
The Federal Budget for 2020/21, delivered on 6 October 2020 included surprisingly few changes regarding superannuation. Probably...
1 Demonstrate your laser focus Be more than a big idea. Show a disciplined approach to every...
Victoriaโs technology and startup businesses play a key part in both the State and Federal economy. Victoria...
On Tuesday 6 October, the Federal Government handed down one of the most eagerly anticipated budgets in...
On 6 October 2020 the Federal Budget was handed down and there were no real surprises either...
In Australia, five taxes make up 97% of our tax revenue, so what are these five and...
Last night, the Federal Government announced more than $30 billion in tax cuts for business as part...
E-commerce is uncontestably a growing business model ย which enables businesses to deal across borders. Most international business...
As the internet is global, businesses using it will typically become involved in international transactions and the...
The ATO is concerned with ย arrangements using offshore related entities to facilitate the avoidance of interest withholding...
Heraclitus of Ephesus was an Ancient Greek, born in 535 BC; he was an influencer of Plato...
Canberra has announced the most significant reforms to insolvency laws in decades, applicable for companies with debts...
A healthy and vibrant SME sector is vital to Australiaโs economy, political system and culture. Yet, COVID-19...
The global outsourcing industry has grown exponentially over the years but continues to have a variable reputation....
Now that the ATOโs updated views in respect of interest free loans have been published (even if...
A question we are often asked by junior doctors is whether meals provided by their medical practice...
You may be entitled to claim deductions in relation to expenses you incur as an employee purchasing,...
It is common for individuals to incur expenses while looking for a new job and attending interviews,...
Further to our update last week, the third round of the Victorian State Government - Business Support...
A number of payroll tax relief measures have been introduced and amended to alleviate the impacts of...
If youโve acquired residential property or are looking to acquire residential property through a discretionary trust, you...
On 13 and 14 September 2020 the Victorian Government announced a range of new measures to support...
COVID-19 has been a challenging time for everyone, particularly business owners, including those who are trying to...
It can be hard to know when to sell your practice. There may never actually be a...
Over the last three years, thereโs been a large increase in the number of medical practitioners subjected...
2020 hasnโt gone to plan, but itโs not too late to revisit that plan, adapt it to...
Victorian Treasurer Tim Pallas has announced yesterday further assistance for Victorian landlords who are struggling with Victoriaโs...
Treasurer Josh Frydenberg and Senator and Finance Minister Mathias Cormann today announced some unsurprising numbers as part...
The success of every business is based on the bottom line and startups are no exception. Your...
Earlier this week, the Senate inquiryโs report into the Governmentโs proposed cuts to the R&D tax incentive...
Many R&D Tax Incentive (RDTI) claimants are surprised to discover that successfully registering an R&D claim doesnโt...
Everyone's world has rapidly evolved in 2020 with the onset of COVID-19. Its impact has been extraordinary...
Doctors and practices nationwide are suffering a variation in revenue due to a fall in the number...
The Victorian Government has announced an extension on both the moratorium of evictions and suspension of rental...
This article was first published by Praxity Global Alliance on the 8 August 2020 As organisations seek...
If your business is accessing the JobKeeper Payments system, the rules around which employees are eligible have...
Release of The Australian Charities Report 2018 Australian charitiesโ revenue grew by more than 6 per cent...
ATO helps NFPs to comply The Australian Taxation Office has compiled a list of online resources that...
Removal of special purpose financial statements for certain for-profit entities In March 2020 the AASB approved the...
ACNC | COVID19 website resource The Australian Charities and Not-for-profits Commission has recognised that a charityโs usual...
The clampdown on reverse listings and de-listings of long-suspended companies bites listed ASX shells for the year...
On 2 August 2020 Victorian Premier Dan Andrews announced a state of disaster for Victoria along with...
Given the time pressures of running a business, many startups and even SMEโs, can only devote a...
Many startup founders become engrossed in their work and overlook the importance of prioritising their accounting processes....
Weโve heard it time and time again over the last few months, the world is entering a...
Larger private groups are about to come under even more scrutiny from the Australian Taxation Office (ATO)....
During the COVID-19 lockdown, I had a conversation with a CEO whose national education business had been...
Innovation and transformation have become โcommon placeโ words and for many businesses, theyโre ย interchangeable. Transforming a business...
With so many grants up for grabs, you may not even realise that youโre eligible to apply....
For those following at home, you would know that my passion is helping clients achieve their goals....
It feels like only yesterday we were discussing the initial stimulus package from the Federal Government and...
Our digital hub followers would already be aware of my devoted passion for Big Data analytics and...
In this two-part series, William Buck Manager Business Advisory, Eric Flammang, provides his recommendations for monitoring and...
In this two-part series, William Buck Manager Business Advisory, Eric Flammang provides his recommendations for monitoring and...
This article was first published in the CFO Magazine on the 8 June When the 'recession we...
William Buck Tax Services Director Sharon Grice answers some questions commonly asked by her clients regarding international...
Is an Initial Public Offering (โIPOโ) right for you? Assessing if an IPO is right for your...
A reflection on the Biotech Industryโs response to COVID-19 This month, the annual Biotechnology Innovation Organization (BIO)...
Michael Brereton and Sean Wengel, the administrators of MyHouse, have successfully completed the sale of the MyHouse...
The ability to return to โbusiness as usualโ will be influenced by a number of factors including...
Super SA Triple S is the compulsory superannuation fund for many South Australian Government employees including health...
Many business owners are struggling with the effects the โinvisible enemyโ is having on their enterprise. Those...
For many doctors, the thought of a health check of their practice and personal wealth can feel...
In this time of uncertainty, many practitioners will be wondering how they can manage their finances to...
Recent data from the Australian Bureau of Statistics has shown that 49% of all Australian businesses have...
The Code On 7 April 2020, the Federal Government announced a mandatory National Code of Conduct on...
Chinese translation available here. With EOFY tax deadlines looming and businesses preparing their routine reporting, itโs important...
The issue of โskills gapโ is not a new one for many industries. In light of the...
As temporary measures were introduced and the Fair Work Act amended, employers were required to quickly make...
Should we look to China for hints as to what will happen with global VC? For our...
While most businesses are focused on how they can keep the lights on, a few sectors such...
This article was first published in the CFOMagzine on May 19 2020 For Grant Wilson's clients, the...
Thought leadership The best performing Boards and Investment Committees (ICs) recognise their primary role is one of...
On 1 May 2020, the Victorian Government passed the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences)...
As Australia begins to re-open in the wake of COVID-19, thereโs much speculation about the economic impact...
We are experiencing challenging times and extreme levels of uncertainty at present and while Canberraโs early release...
For almost 75 years, advisory and accounting firm William Buck has been working with primary producers and...
New SPFS disclosures take effectย ย Under AASB 2019-4 Amendments to Australian Accounting Standards โ Disclosure in Special...
Annual information statement extensionsย The ACNC commissioner has granted a blanket extension to charities with a 2019...
NFP board remunerationย Chartered Accountants Australia and New Zealand has released Remunerating Not-for-profit Directors, which covers key...
Institute of Internal Auditors helpful tools The Institute of Internal Auditors helpful tools: Procurement Integrity (Probity) whitepaper...
Each William Buck office has a dedicated team specialising in the health industry. Working with over 1,600...
The JobKeeper program is the cornerstone of the Governmentโs COVID-19 economic response measures, with an estimated cost...
The article was first published in Startupdaily on the 28 April 2020. Ever since the Australian Government...
There is no denying e-commerce is transforming the way Australians do business. Many businesses dread the idea...
It is hard to think of two terms that have been used more frequently in the last...
This article aims at understanding the application of contract law to Australian e-commerce transactions with a focus...
The property & construction industry has underpinned Australian economic growth for much of the 2000s. It is...
William Buck Restructuring & Insolvency have obtained orders from the Federal Court to extend the convening period...
This information is current as of the publish date, however due to the evolving response to the...
This article was first published by Praxity on 9 April 2020 How do you focus on crisis...
As our country locks down and migrates indoors to flatten the curve, our consumer-based economy is suffering....
William Buckโs Wealth Advisory team are often asked by clients what type of super fund is the...
Recent developments due to COVID-19 have seen an array of rental reductions, waivers, and deferrals offered by...
COVID-19 has had a significant economic impact, the likes of which have not been witnessed for many...
The South Australian grants apply to businesses with a payroll of less than $1.5 million, and not...
This information is current as of the publish date, however due to the evolving response to the...
Given the Governmentโs recent announcement that many employees will be eligible to access up to $20,000 of...
On Tuesday 7 April, the Federal Government released another announcement in response to COVID-19, the Commercial Tenancies...
As part of the Governmentโs response to COVID-19, company directors now have a six-month relief from any...
If you are operating a significant global entity (SGE) which is being impacted negatively by the implications...
Here at William Buck, weโve received a number of queries from clients asking whether their insurance policies...
Businesses around the world are finding themselves in unchartered waters. COVID-19 is having an unprecedented effect on...
Effective 27 March, modifications to the Wage Subsidy Scheme will apply to ensure people donโt lose their...
Coronavirus is a reality that, in 2020, is directly affecting us all. How potentially devastating could Coronavirus...
Wage subsidies Following this weekโs Government announcement, wage subsidies will now be available for all employers that...
This information is current as of the publish date, however due to the evolving response to the...
MyHouse (Aust) Pty Limited (Administrators Appointed) "MyHouse" Michael Brereton and Sean Wengel as administrators of MyHouse seek...
Canberra has announced changes that have the potential to affect all superannuation fund members as part of...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
This information is current as of the publish date, however due to the evolving response to the...
Ultra-high net worth is the fastest growing part of William Buck South Australiaโs Wealth Advisory business, according...
This information is current as of the publish date, however due to the evolving response to the...
As part of the 2019 Spark Festival, William Buck hosted "Beyond Series A and B โรรฌ What...
As the world awakes to more news each day about COVID-19, businesses are focused on sustaining operations...
One of the most common questions we hear is โhow can I reduce my tax?โ. Most people...
It is widely considered that Australiaโs insolvent trading laws are draconian compared to many of our major...
Over the summer holiday break, you or someone you know may have rented out part of/all their...
This article continues our discussion about the Early Stage Innovation Company Tax Incentives. You can read Part...
The Early Stage Innovation Company (ESIC) Tax Incentives have been available to certain investors into qualifying investments...
Better access to low cost, high quality medicinal cannabis will improve our health, and the Federal Government...
Starting in private practice provides various new obstacles, one of which is managing your own taxes. Do...
A key driver of company growth is innovation which is fuelled from undertaking Research & Development (R&D)....
Australiaโs $1.6m Total Superannuation Balance and Transfer Balance Cap are expected to increase to $1.7m on 1...
Note: An extended version of this article was first published on Praxityโs Hub Light Putting customers first...
As part of the 2019 Spark Festival, William Buck hosted โBeyond Series A and B โ What...
Many tech businesses and startups tend to begin their life as one or more founderโs passion to...
This article was originally published in the Australian Financial Security Authority PIR Newsletter on 4 December, 2019...
On 5 December 2019, the Treasury Laws Amendment (Research and Development Tax Incentive) Bill 2019 was introduced...
Being popular or trendy is not what people expect of CFOs. Being serious, conservative, forward-looking and considered...
Four in ten startups fail in the first five years of business. CB Insights recently dug into...
In early 2020 William Buck will release its updated venture capital (VC) and mergers and acquisitions (M&A)...
The International Union for Conservation of Nature (IUCN) recognises the conservation status of threatened species under three...
This article was originally published in AMTIL's AMT August/September 2019 edition here. The great privilege of being...
Over two years ago, on 1 September 2017, new powers were granted to creditors in external administrations....
Without a succession plan in place or clear direction, youโre missing out on opportunities to drive growth,...
Taking the step to owning a practice is both exciting, daunting and many other emotions all at...
โI wish I did that to begin withโ. Too often we hear those words from founders looking...
Since the new leases standard โ AASB 16 โ came into effect earlier this year, itโs presented...
If youโre an Australian distributor for a related foreign manufacturer then nowโs the time to consider and...
How well do you know your customer renewal rate? Also referenced as the โCustomer Retention Rateโ, this...
Are you a small or medium manufacturing company looking to invest in capital equipment and new technologies...
Companies accessing the Australian Research and Development (R&D) Tax Incentive program can now do so with more...
Since the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, thereโs been a...
By Lisa Schutz, Founder, Verifier. This article first appeared in Smart Company โFive critical questions: Are you...
A common question asked when it comes to superannuation funds is: What performance can you achieve? Before...
When considering tax and property investing, many people will tend to consider negative gearing and capital gains...
Accounting and Business Advisory firm William Buck is bolstering its support of local SMEs undertaking Research &...
With the federal election well and truly passed and parliamentary sittings back on, youโre probably wondering on...
The business environment of the past decade or so, has positioned the CFO to be in the...
The CFO is the champion when it comes to preparing an IPO - driving the financials, systems...
Imagine for a moment your house is to undergo a major renovation - a complete rebuild that,...
This article first appeared in The Daily Telegraphโ 'Two strikes and you're out rule could end repeat...
Do you work in a finance team, sit on a Board, or are you a business owner?...
Commentary from Jack Qi, Director of Tax Services at William Buck and Maxine Sherrin, Program Director, Spark...
First appeared in The Advertiser on 6/8/2019 Uncertainty around the federal election result had an impact earlier...
By Director of Tax Servicesย Jack Qiย and Managerย Alex Zinzopoulos Itโs fair to say that creating and maintaining an...
By Director of Tax Servicesย Jack Qiย and Managerย Alex Zinzopoulos Given the critical importance of attracting, retaining and incentivising...
"There is a whole new world coming, and this world of change is coming at an unprecedented...
As experts in the business side of medicine, we understand that time-poor practice owners tend to neglect...
This article first appeared in Praxityโs Hub Lite In the last few decades, China has been considered...
By Malcolm Anderson The recent Financial Services Royal Commission has certainly shaken up the finance industry. One...
The William Buck Financial Reporting series has wrapped up for the year, providing finance professionals with the...
How to meet the rules and minimise risk Since late 2018, one of the biggest talking points...
William Buck have announced the promotion of three new directors and three principals across the group, as...
Commentary from Craig Barry, Director of Tax Services at William Buck Accountants and Advisors Increased sophistication of...
Is your bank reconciliation overly complex and time-consuming? It may arise from a hole in your payments...
The ATO are cracking down on investment property deductions this tax season. Hereโs two classic mistakes and...
We live in a dynamic economy dominated by change. For that reason, organisations need to invest in...
Learning's from my journey in mastering time management Time is a hard resource to master. Several years...
Organisations who can converge the front office with the back office are more likely to succeed in...
On Tuesday 18th June 2019, Treasurer, Rob Lucas, handed down the 2019-20 State Budget, being his second...
A CFO is quite literally in the driver's seat when it comes to planning an Initial Public...
Within the NFP sector, there have been several new governance regulations introduced. The below articles provide a...
Applying standards This year is big for NFPs that report in compliance with accounting standards. The following...
Fraud and NOCLAR What good local government integrity frameworks look like A new 88-page research report shows...
What are unfair preference claims? A preference is defined as where a creditor receives payment and the...
The Minister for Industry, Science and Technology offered to hold a roundtable for tech leaders last week,...
Introduction Finance Minister Grant Robertson unveiled the Government's first Wellbeing Budget in Parliament today. Mental health and...
A trio of positive events for housing affordability in recent weeks has seen the Australian property market...
In continuing our election coverage, superannuation expert Tricia Kleinig discusses the top five superannuation changes that should...
The top 3 things that should be in Scott Morrison's 100-day action plan With a โmiracleโ win...
โBenchmarkingโ is a term that has been around for many years in the business world, and it...
If youโre starting to consider retirement and the sale of your practice, youโre not alone. With the...
The impact of digital is transforming the Australian health sector by enabling new and emerging models of...
This article first appeared in Hub Lite.ย Mid-sized businesses (MSBs) are increasingly finding themselves sandwiched between global...
Helping innovative entities realise their worth The client Australian designers and manufacturers of AV, education, data, electrical...
When it comes to understanding trends or issues that are taking place within your business or industry,...
When youโre young, the thought of saving for retirement may be the last thing on your mind....
With the Australian Federal Election date set, the 18th May looms close with a change in government...
Marked differences in regulation around the world are set to deepen in 2019 as politics and geography...
Inbound mid-market merger and acquisition transactions in healthcare and technology sectors are predicted to grow in Australia...
CFOs today are under more pressure than ever before. From external market forces, to the increased internal...
Australiaโs tax system is complex, meaning the ability for a taxpayer to comply with their obligations can...
The Treasury have announced the financial reporting thresholds for determining proprietary companies as โlargeโ have doubled, with...
Considering an IPO? Weโre often approached for professional guidance from pre-IPO enterprises on their path to listing....
94 per cent of individual taxpayers should have a 30 per cent or lower effective tax rate,...
Commentary from Greg Travers, Group Director of Tax Services at William Buck Accountants and Advisors A leading...
Sometimes less is more. The temptation for a Government is to feel that they need to announce...
With an election looming, it is currently forecast that Labor will take government. Perhaps Laborโs most contentious...
'Go-globalโ is one of the most oft-repeated mantras in the Australian tech sector โ and for good...
The ATOโs Single Touch Payroll (STP) reporting legislation will come into effect on 1 July 2019 for...
According to the latest William Buck merger and acquisition report, the last five years have seen merger...
As discussed in Part one of this article, retirement planning is more important than ever. A 65-year-old...
The My Health Record controversy will create a digital divide between the โopt-inโsโ and โopt-outsโ and ultimately,...
With life expectancies across the globe increasing and adults remaining active for longer, having a strong retirement...
Many Australian businesses may not be aware of a Government tax incentive designed to help them develop...
Running a general medical practice is tough! Practitioner owners not only need to be across all of...
How can you create a healthy heartbeat for the teams that operate in your practice? The reality...
Outsourcing has developed a bad reputation over the years. Media coverage of outsourcing practices by high profile...
As a business grows, itโs very common for the business structure to lose its suitability. Consequently, itโs...
The average Australian couple will need at least $640,000 of savings at retirement to maintain a comfortable...
Following on from part oneย where we discussed the importance of knowing how your brand performs online, this...
Stay ahead of your competitors - Latest insights from the Making Western Sydney Report now available Most...
Your finance teams most likely remember that the new Lease Accounting Standard (AASB/NZ IFRS 16), released by...
With recent media attention on the R&D incentive, many claimants may be deterred by an increase in...
As value creators (EBITA maximisers) and exit planners, the latest venture capital (VC) trends should be on...
There are those that shudder at the mere mention of the word 'risk' or, worse still, view...
Welcome to our first NFP update for 2019.ย There are many changes afloat at present which impact...
Former Guide Dogs manager convicted A former general manager of Guide Dogs Victoria submitted false invoices for...
Charities and politics With federal and NSW elections only months away, some charities might plan to campaign...
Amendments to Australian Accounting Standards โ Right-of-Use Assets of Not-for-Profit Entities Under the current drafts of AASB...
Within the NFP sector, there have been several new governance regulations introduced. The below articles provide a...
Roses are red Violets are blue Romance has nothing to do With a CFO who is tired...
The Final Report for the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry...
Venture Capital investment in Australia reaches A$3 billion in 2018: William Buck 2019 Venture Capital Funding Report...
One of the biggest concerns for an investor is losing money. While a vigilant investor will consider...
A rising number of people are being targeted for various sophisticated scams. The Australian Competition and Consumer...
Do you live overseas and own a house in Australia? If so, you may have less than...
As a director, itโs important that you ensure your company complies with its taxation obligations, or else...
An important condition placed on all bankrupts in Australia is the restriction on unauthorised overseas travel. An...
A director has a positive duty to prevent insolvent trading under s588G of the Corporations Act 2001...
Directors should be on the alert for the following warning signs of insolvency, which have been identified...
As digital services businesses continue to replace bricks-and-mortar retailers, many governments are grappling with how they can...
All Australian business leases will be subject to new accounting rules from January 1 2019, which could...
On 24 December 2018 the AASB issued an amending standard AASB 2018-8 Amendments to Australian Accounting Standards...
The already complex accounting landscape for Not-for-Profits, is set to change beginning 1 January 2019, with the...
Reform to negative gearing is one of the key tax policies of the Labor Opposition, and should...
Commentary from Dr. Rita Choueiri, Principal of Research and Development Services and Jack Qi, Tax Director. R&D...
Should you ask any accountant whether your entertainment expenses are deductible, their first reaction is often โNo!โ...
When someone is employed, their employer is required to contribute 9.5% of their salary into super, to...
According to ATO historical figures, the number of SMSFs being set up is at the lowest level...
Throughout a business transaction process, much time and energy is justifiably spent by the vendor focussing on...
This article was written by Michael Brereton and Sean Wengel, Directors and Registered Liquidators at William Buck...
While the Christmas holiday break is traditionally considered a time to unwind and reflect on the past...
To combat a wide-range of illegal activities, the Australian Government announced targeted Black Economy measures in the...
Reviewed October 2020 Cryptocurrency and its underlying Blockchain technology have created an era of technological disruption. Products...
Cricket is back, however Australian cricket's spectacular collapse earlier this year should have alarm bells ringing well...
New Thresholds for Financial Reporting of Large Pty Ltd Companies Under the Corporations Act Commentary from Nicholas...
Reviewed October 2020 Overview Employee share schemes have been around for some time now but have become...
As you step into Leo Tutt AMโs office, youโre immediately welcomed with a warm sense of family...
Commentary from Greg Travers, Director of Tax Services & Head of the Network Tax Group. A tax...
Commentary from Greg Travers, Director of Tax Services & Head of the Network Tax Group. A tax...
Commentary from Greg Travers, Director of Tax Services & Head of the Network Tax Group. Australian private...
The following commentary is attributed from Greg Travers, Director of Tax Services and Head of the Network...
The recent Chartered Accountants Australia Survey revealed that in the future, employee skillsets, service delivery, and revenue...
Congratulations to NSW Government who announced their medical technology development strategy 2018 yesterday, with the aim of...
The sold out 2018 HIA Construction Outlook Breakfast was held in Melbourne on Wednesday, with Victorian Treasurer...
One year on, as the dust settles from the shake-up of insolvency legislation in Australia, it's clear...
For many of us, our fathers are our first teachers and the pillars of our values. This...
How does a CFO create a treasury function that fit's the purpose of today and tomorrow? For...
Everyone wants top dollar when it comes to selling their business. This is understandable considering the business...
As retirees look to other sources of income to supplement their retirement, many older Australians may be...
Chief Financial Officers hold an integral position within an organisationโs most senior ranks but communication breakdowns can...
Already ranked among SAโs largest accounting and advisory firms, William Buck Adelaide is looking to cement its...
Itโs not uncommon for members of a couple to have very different super balances. Depending on a...
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has shone a spotlight...
The Practice Incentives Program (PIP), is an Australian Government incentive introduced by the Department of Health Services....
Medical Service Entities: A Refresher The topic of service entities is one that we are asked about...
This article first appeared in the Praxity Newsletter LOOP The not-for-profit (NFP) sector faces an increasingly complex...
With small changes announcedย in the Budget and the release of the Draft productivity report into superannuation, superannuation...
The Australian accounting software market is estimated to be worth over $500 million a year, so itโs...
Reviewed October 2020 One of the key highlights of this yearโs Federal Budget was the Governmentโs increased...
What makes good tax policy?ย At William Buck, we believe that as a minimum it shouldnโt impact...
Digital transformation within your business, presents opportunities to streamline activities and create efficiency. However, understanding threats and...
The change From 1 July 2018, supplies of low value goods (with a value of AUD1000 or...
With the End of Financial Year (EOFY) around the corner, itโs time to start thinking about how...
Service Entities - Tips and Traps When doctors establish their own practice, start taking rooms, employing staff...
The changing shape of healthcare With a steady aging population, staff shortages, rising care costs and funding...
How do the Budget 2018 announcements affect you? Jennifer Rees Manager at William Buck, outlines the impact...
Auditors have been keeping secrets for a long time... As you can imagine, the role of auditors...
Here's some relationship advice... ยฌโ It's time to fortify your CFO - CMO relationship. It may well be...
Introduction Budget 2018 build's on their initial โ100-Dayโ Plan and prioritise 5 key areas: Rebuilding critical public...
In recent comments to the Australian Financial Review, Treasurer Scott Morrison has revealed there will be changes...
Commentary from Charis Liew, Head of Superannuation Services at William Buck Chartered Accountants and Advisors and Robert...
Federal Budget papers released by the Australian Government on Tuesday, reveal that R&D tax incentive claimants including...
Small to Medium Enterprises across the nation can get on with running their business, after Tuesday's Federal...
Comments from Neil Brennan, Director of Business Advisory at William Buck Chartered Accountants. The residential construction industry...
R&D experts are urging government to rethink administrative functions of the R&D Tax Incentive Scheme, rather than...
Originally Published in The Australian, May 7 2018. This weekโs Federal Budget is a pre-election budget and...
Quick Tip #4 Have clear policies and procedures in place These days the world cannot function without...
Quick Tip #3 Plan a strategy with a clear set of directions Most business have a strategy...
Reviewed October 2020 Background The Research & Development (R&D) Tax Incentive was introduced by the government to...
The Office of the Australian Information Commissioner (OAIC) recently released the first quarterly report since the introduction...
The greatest paradox of the decentralised technology of cryptocurrencies such as Bitcoin, is government intervention. While the...
Major changes to small business CGT concessions Will you or your client ever sell shares in a...
Understanding how profits will be treated for tax purposes is important before renovations start. The hot property...
With all the media attention on whether the company tax cuts will pass through Parliament, youโd be...
Driving brand value within an organisation should not be the sole responsibility of the marketing department, a...
A board not in step with its organisationโs lifecycle can become a major impediment to business growth,...
Quick Tip #2: Create zero-friction by redesigning processes Without customers, a business would cease to exist. ย Therefore,...
It is hard to imagine a more stressful and complicated environment than a fighter jet. ย Along with...
Identifying measures that matter Today, accounting systems have allowed improvements in decision-making and performance due to their...
A medical precinct is the term given to the area where a grouping of medical and allied...
Essential tips to avoid personal liability โรรฌ Part 1 The safe harbour is designed to support company...
Government Notifiable Data Breaches scheme begins operationThe Notifiable Data Breaches (NDB) scheme under Part IIIC of the...
If the thought of retirement is sitting at the back of your mind, you are not alone....
If youโve heard about the Australian Governmentโs plans to progressively reduce the corporate tax rate from 30%...
With the recent changes to superannuation legislation, more investors are looking for alternative strategies to accumulate wealth...
The change in the company tax rate from 30% to 27.5% is welcome news for many small...
Welcome to the Summer Edition of NFP News Report urges caution when donatingThe Australian Competition and Consumer...
"We promise according to our hopes and perform according to our fears" - Franโรois de La Rochefoucauld...
As a medical professional, the income you earn is deemed as personal services income or โPSIโ.ย PSI is...
The war between GP practices and Pathology Collection Centres is back in the spotlight as the Federal...
The popularity of utes and vans in Australia is undeniable, but so too is the pursuit of...
Salary packaging can be a great way for doctors to get ahead financially, but many simply donโt...
It is common for individuals to incur expenses while looking for a new job and attending interviews,...
Itโs estimated that over 134,1741 new cancer cases will be diagnosed this year in Australia.ย Translating research...
In 2016, William Buck in conjunction with the Australian Physiotherapy Association, conducted a benchmarking study on physiotherapy...
The market was recently a buzz in relation to what was initially pipped to be one of,...
We all want a brand new car and the car salesman agrees we need one, however, being...
Australia needs to look to the entrepreneurial approach of the United States to encourage more funding when...
On Sunday, 26 March 2017, William Buck and Hadassah Australia hosted a joint dinner which featured a...
On 15 March 2017, the ATO published an information sheet titled "Lump sum payments received by healthcare...
From 1 July 2014, Australiaโs transfer pricing law obliges Australian taxpayers to structure their international related party...
Is your business a member of an international group with annual consolidated worldwide revenue of AUD$1 billion...
The Australian government has recently passed new legislation to implement a Diverted Profits Tax (DPT) on Significant...
Does your business have an annual global income of AUD$1 billion (or approx. EURโฌ670 million, USD$700 million,...
Reviewed Octoberย 2020 There are many factors that impact on an employeeโs commitment to a business, with incentive...
Described by media as a โrampage,โ last monthโs fatal car attack on pedestrians in Melbourneโs Bourke Street...
A new wave of research is uncovering cutting edge therapies for the treatment and management of epilepsy...
Are you making the most of your superannuation contributions or confused by all the recent changes proposed?...
In the many years I've been involved with ASX listed public companies there is one lesson that...
When looking to commence private practice โ either as a contracting doctor, specialist, buying into a practice...
Across Israel, clowns are popping up in emergency rooms, operating theatres and rehabilitation hospitals. ย And while it...
Touted as the opportunity for Australia to be a global leader in health innovation, the proposed โMedTech...
The Australian Governmentโs recent deal with Pathology Australia effectively โcontrolsโ the amount of rent GP practice owners...
Property developers have long been on the Australian Taxation Officeโs (ATO) hit list due to the much...
The Research and Development (R&D) tax incentive scheme promotes and boosts innovation, research and development, and productivity...
While checklists and templates are staples in the auditor's kitbag, an inquisitive mind and good listening ear...
According to Austrade, China has been Australia's largest trading partner since 2009, with two-way trade valued at...
"One father is more than a hundred schoolmasters' โรรฌ George Herbert. We teach our kids new things...
Poised to return close to $1 billion to shareholders this year, Qantas's CEO Alan Joyce attributes the...
"If you Can't Measure it, You Can't Improve it" - Peter Drucker. Financial ratios have been used...
While social media was once seen as the domain of the marketing team, the growth of social...
The Australian Tax Office (ATO) has extended the deadline for small to medium employers to implement SuperStream...
As more and more pressure is placed on GP practices in the current environment, the ability to...
On 31 May 2016 the Fair Work Commission released its annual wage decision. As a result there...
Key considerations for SMSF trustees before 30 June 2016 As the end of the financial year quickly...
Never before have reporting entities been subject to such intense regulatory and public scrutiny. As the markets...
There is no question that many of the individuals and businesses that set up entities in tax...
Until early November, few people had heard of BWX Limited, a hair, body and skincare manufacturer based...
Businesses pursuing growth no longer want just a really good finance person. As they struggle with the...
Until early November, few people had heard of BWX Limited, a hair, body and skincare manufacturer based...
When luxury South Australian tourism facility Kangaroo Beach Lodges launched its newest offering recently โ a state-of-the-art...
There are number of key accounting, tax, insurance and financial considerations when starting out your career as...
Whether you are a sole trader, operate through an entity or work as an employee, you will...
With Medicare rebates frozen until July 2018, medical practices need to look at ways to maintain profit...
Special rules exist to allow up-front tax deductions in relation to capital expenditure incurred on water facilities...
As speculation grows regarding the state of the property market this year, we are seeing lots of...
While itโs becoming more common, splitting a multi-generational family farming enterprise into individual businesses is never an...
From 1 July 2014 a new superannuation rule comes into effect which will prohibit a trustee of...
Transferring assets between spouses as part of a divorce does not always mean 0% tax.ย Rollovers and exemptions...
As the year marches on towards 30 June, you may begin to wonder โAm I paying too...
Recent years have seen a significant increase of individuals moving their retirement savings from larger retail funds...
1. Introduction The Australian transfer pricing rules have been comprehensively overhauled for the first time in 30...
Introduced in January 2012, the Personal Property Securities Act (PPSA) has transformed the manner in which personal...
We have all heard the saying, if it sounds too good to be true, it usually is.ย ...
Any time is a good time to review your practiceโs performance and make adjustments to your strategic...
On 13 April 2013, Former Federal Treasurer Wayne Swan proposed that tax deductions available in relation to...
Many people would assume that a gain made on the sale of a rental property held for...
The Australian Government has introduced the Tax Laws Amendment (Countering Tax Avoidance and The Australian Government has...
Over the past decade welcome relief has been afforded to small private companies through a range of...
With the latest statistics released from the ATO showing that self-managed superannuation fund (SMSF) Trusteeโs control nearly...
Employee share and option arrangements are recognised around the world as a unique and effective way to...
As superannuation legislation becomes increasingly restrictive, more people are looking for alternative strategies to accumulate wealth in...
An individual who is a transitional resident qualifies for a four-year income tax exemption on certain foreign-sourced...
