The acquisition of Pitcher Partners client, Flight Data Systems (FDS) represents the latest addition to ACR Electronics’ growing portfolio of aviation brands, which includes ARTEX and SKYTRAC. The new unified affiliation between three of the industry’s leading companies will enable ACR Electronics to offer an enhanced product line and service offering for the aviation market place.
Since 1 January 2017, not-for-profit (NFP) entities have been required to determine the recoverable amounts of non-cash-generating assets by reference to the asset’s current replacement cost (as a measure of fair value under the current requirements of AASB 13: Fair Value Measurement) rather than the asset’s depreciated replacement cost (as a measure of value in use under the previous requirements of AASB 136: Impairment of Assets).
From 12 June 2018, you will find our Melbourne CBD office at Level 13, 664 Collins Street, Docklands VIC 3008.
One of the most common fringe benefits provided to employees is the use of a vehicle such as a utility or a van.
The legislation to introduce the purchaser GST withholding regime for supplies of new residential property has been introduced into Parliament. Once enacted, the changes will come into effect from 1 July 2018.
When people find themselves in financial strife — whether that may be related to bankruptcy, divorce, the loss of a job, the need to access capital quickly or any of life’s challenges — tapping into your superannuation fund can sound tempting. So if you find yourself in dire straits, such as facing bankruptcy, can you […]
Treasury has released a new Corporate Collective Investment Vehicle (or CCIV) regime in draft.
Property remains a target for consideration with the ATO, and there is increasing engagement of people from all walks of life in “property plays” that often involve some level of improvement, if not complete development. With the real estate markets in Sydney and Melbourne experiencing sustained growth in residential property values, almost every owner has […]
The Victorian Government has announced significant changes to the off-the-plan (OTP) stamp duty concession. These changes will increase the stamp duty cost to property investors and some home buyers. What is the existing OTP concession? The existing OTP concession applies to all properties that are purchased off-the-plan, including residential and commercial properties. The concession reduces […]
The new CRS regime is likely to apply to Australian managed investment schemes and investment entities of family offices from 1 July 2017. Understanding your obligations now is therefore critical. Overview From 1 July 2017, Australian Financial Institutions will need to start applying the Common Reporting Standard (“CRS”) in Australia. The CRS is very similar […]
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