Transferring the ownership of assets from one party to another will typically attract CGT. However, in the event that a change in ownership occurs …
Taxation
Changes to business practices and TPAR
In response to the social distancing and sanitary requirements of COVID-19, it has become common for businesses to provide additional cleaning and …
Division 7A and private loans
It is not uncommon for businesses to provide loans to shareholders or associates of a company. However, business owners should know the conditions …