Franking credit changes could backfire: SMSF Association
The SMSF Association is concerned over proposed laws that will impact franking credits for distributions funded by capital raisings.
Source: financialstandard.com.au
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Budget 2023 | SA planning draft law for global minimum 15% corporate tax rate
National Treasury is aiming to introduce legislation by 2024 to enact a 15% minimum corporate tax on large companies, part of a global agreement to overhaul international tax rules.
Source: news24.com
Albanese government tackles housing crisis on 3 fronts, but there's still more to do
In our submission on the draft package, we commend the progress towards reasserting Commonwealth leadership on housing. State and territory commitments and actions are vital, too, in confronting Australia’s mounting and complex housing challenges. But federal engagement and ambition are essential to make any significant and lasting progress.
Source: architectureanddesign.com.au
ATO flags changes to TBAR reporting
New rules are in effect that will see changes for accountants managing super fund lodgement.
Source: accountantsdaily.com.au
South Africa's Budget Speech 2022: A deep dive
The Finance Minister was able to avoid tax rate increases, and even make a positive contribution to reducing the deficit, as a result of better than…
Source: lexology.com