AFS NEWS | Your partners in success
CGT roll-over for small business restructures The Government has released draft legislation that proposes to provide roll-over relief for small businesses that change their legal structure.
Associations can (and should) establish an internal audit function in an efficient, cost-effective way. An internal audit is a key pillar of good governance. Governance refers to the processes and structures implemented by organisations to inform, direct, manage and monitor activities.
The Australian Taxation Office has recently confirmed its view with regard to self managed superannuation funds (SMSFs) that invest in collectables and the stringent rules that must be complied with from 1 July 2016.
The 2015 Australian Jobs publication presents an overview of the labour market to meet the need for industry, occupation and location information for a range of users.
Self-managed super funds (SMSFs) are the fastest growing segment of the super industry1. But this doesn’t necessarily mean they’re the best choice for everyone.
Unbundling phone and internet expense claims for work purposes Individuals can claim deductions for mobile, home phone and internet expenses that have been incurred for work purposes, however, correct apportionment for work use is a key issue.