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Top News In ஆஸ்திரேலிய கூட்டாட்சியின் பட்ஜெட் Today - Breaking & Trending Today

Over 41 million cases of dementia go undiagnosed across globe - World Alzheimer's Report reveals

Over 41 million cases of dementia go undiagnosed across globe - World Alzheimer's Report reveals
miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.

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Australia: Launch of the patent box regime and guidance on intangible arrangements

The patent box regime will apply from July 1 2022
In the Australian Federal Budget on May 11 2021 the Treasurer announced a patent box regime for Australia and on May 20 2021 the Australian Taxation Office (ATO) issued a Practical Compliance Guideline on ‘intangibles arrangements’.
Patent box regime
The regime will apply from July 1 2022 to income derived from Australian medical and biotech patents. The government also said it would consider extending the concession to ‘green’ technology patents, during consultation. The effect of the regime is that the income from such patents will be taxed at a concessional rate of 17%, rather than the standard corporate rate of 30%. The regime is designed to incentivise R&D activities in Australia and encourage companies to retain ownership of patents in Australia. ....

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Budget: Google is not paying fair share of tax, says Government

Revenue Minister Parker has slammed the internet giant's reticence about a local tax being imposed on its New Zealand-derived revenues. ....

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Budget 2021: Is New Zealand on the eve of a new brain drain to Australia?

STUFF
Grant Robertson praises the resilience of the economy during the Covid-19 pandemic in a pre-budget speech on May 4.
ANALYSIS: When Australian Treasurer Josh Frydenberg handed down the Australian Federal Budget on Tuesday, it marked a step-change: Instead of the job of Treasurer being to try and balance the books, it was now going to be using taxpayer money to drive unemployment down.
Principally, the Aussies are now going to throw down $74.6 billion over the next two years on tax cuts and business while lavishing tax breaks in sectors such as health, aged care and mental health: traditionally low wage industries, dominated by women. ....

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Vision Christian Media

Published by Vision Editorial Team | vision.org.au
Friday, May 14th, 2021
This week we were joined on 20Twenty by an expert panel of Christian financial experts to unpack the Federal Budget to find out what it means for Christians.
Joining Neil on the panel was Alex Cook, founder of Wealth with Purpose; economist Dr Rod St Hill with a background in banking; and Gavin Martin, founder of Cornerstone Wealth.
“It’s been a fascinating look into the ideological shift that we’ve seen in the Liberal Party,” Alex begins. “This is the party that would have said traditionally it was very conservative in spending and very against debt. And really they’ve flipped that on it’s head in the last two years with the Covid crisis. Now they’re really passionate believers, it would appear, in government intervention in all aspects of the economy.” ....

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