Post Budget Observations

Post Budget Observations

Print this article: The Treasurer, Scott Morrison, delivered his third Federal Budget on 8 May 2018. The detailed tax measures contained in the 2018–19 Federal Budget are set out in our comprehensive Budget Summary which is available here. The detail of each of the...
Where will this year’s Federal Budget take us?

Where will this year’s Federal Budget take us?

Print this article:   The 2018–19 Federal Budget (the Budget) will be released at 7.30pm (AEST) on Tuesday, 8 May 2018. In the final week before we make the annual e-pilgrimage to www.budget.gov.au to download the Budget papers and the Treasurer’s accompanying...
Tax law trailing behind Bitcoin

Tax law trailing behind Bitcoin

Print this article:   The recent news cycle has extensively followed the astronomical growth — and the odd sharp dip — in the value of Bitcoin, the cryptocurrency phenomenon. With an unprecedented level of public interest in Bitcoin and other forms of...
Dormant companies and the new franking rules

Dormant companies and the new franking rules

There are significant changes to the rate at which a company franks its distributions from 1 July 2016 … do you know the rate at which a dormant company should be franking its distributions? A company may be dormant because it previously carried on a business and...