News and Views

Moore Stephens Tax Alert - Redundancies and ETPs

Redundancies are, unfortunately, a part of doing business. Over the last year or so, there has been a lot of movement within the Western Australian job market with employments being terminated or being made redundant.  As an employer, it is critical that you understand what your responsibilities are. To help you, we have undertaken various reviews of calculations for Employee Termination Payments (ETP) and genuine redundancies

Crowd Sourced Funding: What you need to know about the new CSEF legislation

“The passing of the crowd-sourced equity funding (CSEF) legislation for Australian Small Business is great news, particularly in the current environment where it can be difficult to raise capital. However, there is likely to be some work required to ensure that companies are ready to access CSEF” Davide Costanzo, Moore Stephens - Director, Tax and Business Advisory

Profit and Cash Flow: What's the Difference?

We often hear from business owners who report a healthy profit at year end, but scramble to pay their bills on time throughout the year. This scenario is especially common for start-ups and companies that work on long-term projects. These types of businesses tend to have a long cash conversion cycle that causes a significant disconnect between cash in the bank and the profit reported on income statements and tax returns. Here’s why.

Paperless Record Keeping- Best Practice

The ATO reminds us on its website that by law, business operators have to keep records, which “explain all transactions, be in writing, be in English or in a form that can be easily converted, and be kept for five years”. Some records, especially in relation to capital gain tax events, may need to be kept for longer. Clients sometimes tell us about their frustration in relation to this record keeping burden. They tell us about running out of space for the piles of paper. However, the ATO tells us that “be in writing” also means “in electronic format” and that “the principles are the same”.
 

 

Doing Business in Australia- new video

This video offers practical information about doing business in Australia. Moore Stephens WA Director James Tng provides an overview of all relevant tax issues that will arise and covers regulations you need to be aware of to maximise the chances of success in Australia. 

  • 1
  • 2
  • 3
  • Showing results 11 to 20 of 25