AFS NEWS | Your partners in success

New protection for whistleblower reports

From 1 July 2019, the whistleblower protections in the Corporations Act will be expanded.

FBT and depreciation limits on vehicles other than cars

As we farewell another Fringe Benefits Tax (FBT) year we often hear questions around private use of vehicles and whether larger ‘utes’ are exempt from FBT, such as Chevrolet Silverados, Dodge Rams, Ford F150s and the like.

Take your leave with you – new laws for long service leave

The Long Service Benefits Portability Act 2018 has been passed by Parliament and will come into operation by 1 July 2019.

Client update | April 2019

On the global front, growing concerns about a slowdown in economic growth preoccupied financial markets in March. The US Federal Reserve now forecasts no rate rises in 2019 instead of the two it previously planned. US 10 year government bond yields fell below three month yields on the news. This ‘inverted’ yield curve is viewed by […]

2019-2020 Federal Budget – Highlights

The 2019-2020 Federal Budget (Budget) has been delivered with Treasurer Josh Frydenburg announcing a ‘back in the black’ Budget, supporting a stronger economy and secure future for Australia.

Selling a business? Don’t forget about tax

It can take many years and a lot of hard work to build a successful small business. When you finally decide it’s time to sell, tax is often the last thing on your mind. Yet it can have a big impact on how much of the sale price you get to keep –