single touch

Tax on shares

ATO extends data matching program The Australian Tax Office (ATO) is utilising data provided by the Australian Investments and Security Commission (ASIC) to data match share trades. The ATO is accessing more than 500 million records detailing price, quantity and time of individual trades dating back to 2014. The information complements information that the ATO…

property

Succession and structure

The need for greater formality and management structure Generational succession often requires a greater level of formality in the management and decision-making process.  This formality should achieve a separation of function between: Management The Board of the company, and Shareholders Often in a small or medium business, roles can merge with no clear dividing lines…