News

ATO Warns Against Dividend Access Share Arrangements

On 12 July 2012, the Tax Office issued a Media Release and Taxpayer Alert warning against the use of dividend access share arrangements.

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Loss Carry-Back Provisions for Companies

In May 2012 the Government announced a new initiative whereby businesses operating as companies would be offset past profits against current gains and obtain a refund for tax previously paid.

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New Regulator for Charities and Not-for-Profit Organisations

The Commonwealth Government has announced that a new organisation is to be established to regulate charities, which will be known as the Australian Charities and Not-For-Profit Commission (ACNC). 

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