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NADA – Part three: Eight key actions to handle transition

The NADA Convention highlighted that change is coming: here’s how to manage it WHAT does all this change that is coming at us really mean for dealers? Here are eight key actions dealers need to consider in the next two to five years as the sales models transition: 1. Transform your dealership staff in line with […]

Construction industry challenges

The recent news about construction giant, Probuild, has caused shock waves across the industry – with many left wondering how this goliath could possibly fall.

But there are lessons to be learned, regardless of why its South African parent (WBHO South Africa) made the decision to abdicate its parenthood to third party Administrators.

Ransomware: 5 common myths busted

The rapidly developing sophistication of ransomware is causing chaos for many businesses, forcing them to go beyond anti-virus software or off-site backup locations.

Instead, companies are having to come to grips with a ransomware industry that is so evolved, some cyber gangs even provide call centres to help victims understand their demands and pay the price.

Is a rent-to-own scheme right for you?

Rent-to-own schemes are growing in popularity as housing affordability continues to worsen, but Pitcher Partners Newcastle and Hunter Partner Scott Edden says the inherent risks may outweigh the rewards. Properties in Newcastle, Lake Macquarie and the Hunter Valley continue to be snapped up in the blink of an eye and at astronomical prices, with momentum […]

ATO to treat new unpaid present entitlements as loans from 1 July 2022

The ATO has revised its view regarding unpaid present entitlements (“UPEs”) for Division 7A purposes that has been in effect since 16 December 2009. For UPEs arising on or after 1 July 2022, TR 2010/3 and PS LA 2010/4 will be withdrawn with the consequence that interest-only complying sub-trust arrangements will no longer be accepted.

Tax consequences of the RAT race

In a previous article we discussed the tax treatment of purchases of COVID-19 Rapid Antigen Tests and noted that the subject of deductibility and FBT consequences regarding the acquisition of these tests

A meeting of minds

Merging organisations shouldn’t be about survival, it should be based on opportunity and potential. While Not-for-Profits (NFPs) often find themselves in perilous financial positions as funding and policies shift around them while their needs grow, a merger can provide much more than just financial stability, as Circle Green Community Legal (Circle Green) found.

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