This year marks the fourth budget being delivered by Treasurer Jim Chalmers, and it will also be the final budget by the current federal government ahead of a rapidly-approaching election.
“Succession planning, and the tax risks associated with it, is our number one focus in 2025. In recent years we’ve observed an increase in reorganisations that appear to be connected to succession planning.”
The key areas of ATO focus are based on the risks and issues identified through our intelligence collection, risk detection and analysis, and case work.
The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer…
The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility.