Key points The ATO’s Practical Compliance Guidelines 2021/4 will apply to all principals of certain professional firms starting in FY25. The Guidelines set out the risk of ATO audit or review activity in relation to the allocation of professional firm profits. Recent ATO communications highlight compliance issues in the legal profession. The Australian Tax Office’s guidelines relating to the […]
This is the fifth edition of the Pitcher Partners Motor Industry Services – Australian Listed Dealer Comparison, where we provide insight into the top three listed motor dealer groups and explore how the macroeconomic environment and inventory supply affected them in the 12 months ended 31 December 2024. This report covers: Results snapshot Listed results […]
Melbourne Partner Craig Whatman joined 3AW this week to provide insights into the Federal Budget 2025-26, handed down on March 25. Key points It was a ‘light’ budget – with some election sweeteners for individuals, but no major tax reform. The tax system is still not setup for the increases in productivity that will be […]
The Federal Government has once again left businesses wanting, delivering bandaid solutions and marginal economic policy adjustments in this year’s Federal Budget. Superficial relief for households Households will see some immediate benefits with a $150 power bill rebate, reduced Pharmaceutical Benefit Scheme medicine costs, and increased funding for bulk-billed GP visits. This is in addition […]
The 2025-26 Federal Budget announced few new tax measures but has reiterated a number of announcements made in the lead-up to Budget. Our tax experts have compiled a summary of the key changes and what they mean for you. Personal income tax cuts The Government announced that it will reduce the personal tax rate for the […]
In a decision with potential implications for employers with business premises in suburban areas, the Federal Court of Australia held that a shopping centre car park was not a commercial parking station for fringe benefits tax (“FBT”) purposes. This decision challenges the view of car parking benefits presented by the Commissioner of Taxation (“the Commissioner”) […]
Pitcher Partners Melbourne’s Stephen Craig joins CPA for their podcast, INTHEBLACK. What key trends are shaping Australia’s mid-market M&A activity? Stephen Craig joins the INTHEBLACK podcast to unpack all the key insights from the latest Pitcher Partners’ Dealmakers report. Learn about some of the key deal drivers, which industries are primed for consolidation, and which […]
Key points The healthcare industry has seen significant technological advancements to support patient care Outdated legacy systems can impact service delivery, data quality and overall efficiency Leveraging connectable systems and optimising data management can help organisations optimise healthcare delivery The healthcare industry has seen remarkable advancements in recent years, from the rise of telemedicine and […]
Ali Suleyman, Elena Bogomolova and Peejade Cheng from Pitcher Partners Melbourne, present the annual Fringe Benefits Tax (FBT) Update. This webinar aims to assist you in preparing and lodging your FBT return for the year ended 31 March 2025. Watch to refresh your knowledge and learn more about: Key principles of FBT Recent updates Record-keeping requirements […]
Key points Remote work is becoming a permanent fixture in the global workforce, with employees demanding more freedom and flexibility Employers of Record (EOR) help businesses manage international work arrangements by handling payroll, benefits, and compliance with local laws Using EORs comes with challenges and risks, such as potential tax and legal implications, requiring robust […]
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