Pat Mannix Archive
Tax
Accountant found to be an accessory for “wilful blindness” towards underpaid employees. In a precedent-setting decision by the Federal Circuit Court, an accountancy firm has been found accessorily liable for the underpayments of the employees of one of its clients.
Tax
Fantastic News, there is an increase to the aggregated turnover threshold to $10 million for access to small business tax concessions from 2016-17. This means that any businesses with an aggregated turnover of under $10 million can now ....
Tax
The Budget was delivered last night and there is a mix of good and bad news for our clients and prospective clients at Paris Financial. I will try and zero in on the key points and give a brief comment. The very large caveat here is that all this budget information is NOT law yet but everyone should be moving and starting to think about the consequences of these changes.
Tax
AP Business Advisory Services has joined the Paris Financial team. We extend a huge welcome to Tony Fiedler, Socheata Be and Deb Loughnane who are relocating to our Blackburn office.
Tax
April is a vital month for tax and superannuation planning. With 9 months of the financial year locked away significant trends or changes from the previous financial year will be well established.
Tax
I heard a horror story the other day about poor structuring. Let’s just call this person Wayne Structureless for simplicity. Wayne has shares in a very profitable small business in his own name.
SMSF
Now that the proposed $1.6 million pension transfer balance cap is law, I thought it best to explain.
Tax
It is now compulsory for organisations to provide notice to regulators and affected individuals in the event of a data breach. I know Mr Trump likes Mr Putin but he hasn’t yet asked Vladimir how he should try and control his citizens to not hack into and upset so many organisations in western democracies.
Tax
A Fair Work Ombudsman v Step Ahead Security Services Pty Ltd & Anor [2016] FCCA 1482, (“the Company”) found the director Mr Jennings, personally liable for the Company’s failure to pay their employees in accordance with the relevant modern award.
Tax
This example is relevant to the importance of Wills as well as asset protection during your life.
Tax
We may be a little behind on our service at this critical time due to an ATO computer crash that was triggered by the collapse of part of its storage solution systems, which were being handled by Hewlett Packard Enterprise.
Tax
Selling your business can be a stressful time and unless you’ve done it before, it’s hard to know what to expect or what’s required to get the right result. We’ve put together the top issues for business owners or investors to maximise their results.
