Company Tax Planning
Employee Share Schemes and Start-Up Concessions
Employee Share Schemes – how they affect employees Employee share schemes have been a smart way for business owners to give their employees a financial reward and to help them feel they are part of the growth of the company. Some business owners give employees a real stake in an enterprise through owning shares. Having […]
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Company Directors, Are You Clear About Your Responsibilities?
Are you a company director? Time to review your responsibilities! Company directors need to keep in mind that the Corporations Act holds directors personally liable for many of the legal and financial obligations expected from a company. Risks and liabilities The corporate regulator, the Australian Securities and Investments Commission (ASIC), says failing to perform your duties […]
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2014 Year End Tax Tips For Companies
Change in company tax rate The Government has announced that the company income tax rate will be reduced by 1.5% to 28.5% from 1 July 2015. However, companies which have a taxable income in excess of $5 million will be liable to a 1.5% levy which will be contributed towards the paid parental scheme. This […]
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