Director warning on PAYG

If your company has fallen behind on it’s PAYG withholding tax, the Australian Taxation Office is looking very closely at you.  Not the company, but you, the Director.  Under the Director penalty regime, Directors are personally responsible for unpaid...

Quote of the month

“Courage is what it takes to stand up and speak; courage is also what it takes to sit down and listen.” Winston ChurchillThe material and contents provided in this publication are informative in nature only. It is not intended to be advice and you should not act...

Where to now for superannuation?

The recent round of superannuation reforms might make you question the future of superannuation and whether it is still a safe investment vehicle.  The answer is, yes, for now. There is no question, however, that the $1.5 trillion sitting in superannuation...

On the fringe: top FBT myths & opportunities

Fringe benefits tax (FBT) exists to ensure that employees are not getting income disguised in another form and avoiding income tax.  But such a broad concept has its problems.  With the FBT year ending on 31 March, it’s a good time to explore the myths...