by epoch | Mar 18, 2025 | eNews
Global Google searches for the word “tariffs” spiked dramatically between 30 January and 2 February 2025, a +900% increase to the previous 12 months. We look at what tariffs really mean. Who pays for tariffs? Tariffs increase imported goods’ prices...
by epoch | Mar 18, 2025 | eNews
The Fringe Benefits Tax (FBT) year ends on 31 March. We’ve outlined the hot spots for employers and employees. FBT exemption for electric cars Employers that provide employees with eligible electric vehicles (EVs) can potentially qualify for an FBT exemption....
by epoch | Feb 14, 2025 | eNews
The amount of money that can be transferred to a tax-free retirement account will increase to $2m on 1 July 2025. The transfer balance cap is the amount that can be transferred to a tax-free retirement account. Each December, the cap is indexed to the Consumer Price...
by epoch | Feb 14, 2025 | eNews
The Government has announced its intention to introduce mandatory standards for large superannuation funds to, amongst other things, deliver timely and compassionate handling of death benefits. Do we have a problem with paying out super when a member dies? The value...
by epoch | Feb 14, 2025 | eNews
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.”ATO Private Wealth Deputy Commissioner...
by Mark Cusack | Dec 11, 2024 | eNews
The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe. The Movie Air highlighted the importance of the signature Air Jordan shoe to Nike. While...