Australia
Take your payroll tax exposure seriously

By Paul Copeland on 20/01/21 - Mins to read: 3 minutes

In recent weeks, we have been contacted by many concerned clients regarding the Thomas Case and the potential impact it may have on the medical industry. There is a concern among practice owners that their current service agreements and existing service arrangements could leave them exposed to pay payroll tax, as...
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Proposed improvements to Australia’s Employee Share Scheme rules

By Alex Zinzopoulos on 20/01/21 - Mins to read: 3 minutes

At its core, employee share schemes (“ESS”) are designed to align the interests of employees with those of the employer. When that is achieved, the benefits extend to the economy at large due through encouragement of innovation and entrepreneurial behaviour. However, the utilisation of ESS in Australia has been hobbled...
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DINs to Burn Illegal Phoenix Activity

By Garth O'Connor-Price on 20/01/21 - Mins to read: 3 minutes

What are Director Identification Numbers? The Director Identification Number (DIN) is a 15-digit unique identifier that relevant directors will be required to apply for to assist with preventing fraudulent identities of directors and to combat illegal phoenix activity. In 2020, the Federal Government announced the Digital Business Plan when the...
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Victoria announces Homebuyer Fund to assist eligible homebuyers purchase property

By William Buck on 20/01/21 - Mins to read: 3 minutes

Victoria’s State Revenue Office has announced a Homebuyer Fund that enables eligible homebuyers to now receive a contribution of up to 25% towards the purchase price of their property, reducing their minimum required deposit to 5% and avoiding the need to pay Lenders Mortgage Insurance. For eligible Aboriginal or Torres...
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A rich 125 years of William Buck history

By Jamie McKeough on 20/01/21 - Mins to read: 3 minutes

I’ve never attended a 125th birthday before. But this milestone for William Buck was worthy of celebration. Longevity is rare in an evolving and highly competitive business world where organisations rise and fall with such regularity. It was therefore with great pride that the Adelaide Office toasted this unique milestone...
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