Family businesses make a significant contribution to the Australian economy and in many cases, there is legacy and opportunity in passing on the business to the next generation. This month, we're exploring the top issues that tend to arise with generational succession.
We're also looking at GST on imports, ATO warnings on deductions, simpler BAS, and tax treatment of travel costs.
This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.