News and Views

What is the meaning of leadership? What makes a good leader? Theories abound and have done so for decades.

At Moore Stephens we seek to show leadership by setting a strategy that employees can identify with, and goals they feel motivated and empowered to achieve.

Our strategy hinges on simple goals: providing a full service offering... being known for personalised service… connecting people… building better businesses and growing wealth for our clients.

Changes to business taxation and superannuation are central to the 2016-20178 Federal Budget. What are they key changes? Check out our Federal Budget snapshot infographic for a quick overview.

Changes to business taxation and superannuation are central to the 2016-20178 Federal Budget. What are they key changes? Check out our Federal Budget snapshot infographic for a quick overview

The focus of this year’s budget is growing jobs and supporting small businesses, while targeting superannuation concessions and multinational profit shifting.

The Victorian State Government  delivered its 2016-17 Budget on Wednesday with proposed big spending on good hospitals, reliable roads and public transport and securing jobs in growing industries throughout the state.

In February 2016 at the Australasian Oil & Gas Conference and Exhibition held in Perth, we asked the participants about the key challenges and expectations for the industry in 2016. 

 

Business growth: it’s something most (we would hope, every) business owner wants to achieve. Yet it can also strike fear in the heart of those the business relies on – the customer.

Business growth: it’s something most (we would hope, every) business owner wants to achieve. Yet it can also strike fear in the heart of those the business relies on – the customer.

FBT – Log book requirements

With the FBT year-end fast approaching, it may be a good time to review your internal procedures to reduce the FBT liability for your business. As a firm, we prepare numerous FBT returns for clients across various sectors and one of our most frequent recommendations is for our clients to keep log books for their motor vehicles. With the change to statutory percentages in 2011, the costs of owning motor vehicles in an entity (companies or trusts) have increased and keeping a log book may be a better option than to use the 20% flat rate where the business usage for the vehicles are high.

We are often asked the question “how easy is it to do business in Australia?”

The World Bank Group annually ranks all countries for the ease of doing business and Australia currently ranks in the top 15 amongst the 217 countries measured.

Considering Australia is a developed country that also has the hallmarks of low sovereign risk, a stable economy and competitive currency value, this bodes very well for those looking to do business in Australia.

Moore Stephens Australia is pleased to announce it will be expanding its national presence in the South Australian and Northern Territory markets to meet growing client demand. From April 1, Hayes Knight South Australia and Northern Territory will be joining the Moore Stephens network as the new representatives of the respective locations.

HMRC are introducing new rules which will restrict the amount of tax relief available to landlords for finance costs relating to residential properties.

These changes do not extend to furnished holiday accommodation.

You will only be affected by these changes if you have a loan on your investment property.

The International Accounting Standards Board (IASB) published IFRS 15 Revenue from Contracts with Customers in May 2014 effective for reporting periods commencing on or after 1 January 2018.  During the development of IFRS 15 the construction and property industry was identified as one of those most likely to be impacted upon by the new standard.

At Moore Stephens New South Wales, we value our staff’s ability to exemplify our firm’s values: accessibility, reliability, honesty and dedication.

At Moore Stephens New South Wales, we value our staff’s ability to exemplify our firm’s values: accessibility, reliability, honesty and dedication.

We are often asked the question “how easy is it to do business in Australia?”
 
The World Bank Group annually ranks all countries for the ease of doing business and Australia currently ranks in the top 15 amongst the 217 countries measured.

Moore Stephens New South Wales was able to promptly prepare and lodge a payroll tax rebate registration application that resulted in a significant cash windfall for their client.

Moore Stephens New South Wales was able to promptly prepare and lodge a payroll tax rebate registration application that resulted in a significant cash windfall for their client.

Last year at the National ASBA conference we asked the education industry what the key challenges facing the sector are, and here is what you had to say.  We have segmented the results by school size based on net recurrent income and here is what we found to be the highest rated challenges. 
 

The lodgement end dates for individuals are detailed in the following table: