Middle market businesses were denied much needed tax relief in the State Budget handed down by Treasurer Tim Pallas on the afternoon of 7 May. Craig Whatman from Pitcher Partners Melbourne spoke to Ross and Russel on 3AW Breakfast about the budget’s winners and losers, as well as need for the government to re-incentivise private […]
You could be ‘parked’ with a $300,000 FBT liability if you don’t take the time to consider it. Under FBT rules, if an employer provides car parking to an employee, either at their own premises, at a parking facility or leased car park near their place of employment, there may be a potential FBT liability. […]
Even though we’re accountants and advisors, it’s important to us that you see beyond the numbers. We’re endlessly curious about finding better opportunities and creating better outcomes for your business or private wealth and we recognise that an important piece of the puzzle is providing you with the information to help you make the right […]
On Thursday 27 March 2024 landmark climate reporting legislation was introduced into the House of Representatives in Schedule 4 to the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth). The requirements in the Bill are essentially the same as that reported in our recent article on the draft legislation, except for […]
In response to the cost-of-living crisis, next financial year (FY2024-25), all 13.6 million Australian individual taxpayers will receive a tax cut under Treasury Laws Amendment (Cost of Living Tax Cuts) Bill 2024. Workers employed under the pay as you go (PAYG) payroll scheme will see an increase in their take-home pay (after withholding tax) from […]
Has your business been focussing on sales and profitability at the expense of cashflow? It is something we’ve seen businesses doing over the past couple of years. Without positive cashflow your business can go broke. In a previous Pitcher Partner’s Newcastle insight article, Sam Bacigalupo provided tips on preparing a cash flow budget as part of […]
Land tax assessment notices for the 2024 land tax year are in the process of being issued by the State Revenue Office of Victoria. A number of land tax changes have been introduced commencing from 1 January 2024, including increases to land tax and absentee (foreign) surcharge rates. You can read more about the changes […]
In this video, Pitcher Partners Motor experts Steve Bragg and Aidan Cousin join the Australian Automotive Dealer Association for an engaging information session. Topics covered include: translating knowledge gained from AADA’s program into tailored advice for the specific needs of a dealership business. looking at how cybersecurity, people and processes are key to protecting your […]
In November 2023, legislation introducing a new integrity rule became law.
As part of its tax transparency obligations, the Australian Taxation Office (“ATO”) is required by law to publish certain information on R&D tax incentive claims reported by taxpayers.
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