Insights - Colin Biggers & Paisley

Showing articles 1 to 10

27 Feb 2019

General insurance sales funnel

Insurance Banking and finance

General insurance sales funnel

The report of the Royal Commissioner makes various suggestions as to changes in the law that may have a long term effect on the general insurance sales process.

12 Dec 2018

AUSTRAC releases guidance on reporting entity regulation

Banking and finance

AUSTRAC releases guidance on reporting entity regulation

A recently released guidance note by AUSTRAC specifies the level of transparency in transactions by specified reporting entities under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

21 Nov 2018

Government proposes changes for financial reporting

Banking and finance

Government proposes changes for financial reporting

Proposed changes will increase the thresholds for determining what constitutes a large proprietary company under the Corporations Act 2001 (Cth).

25 Oct 2018

APRA issues updated risk paper on cloud computing

Corporate and commercial Intellectual property and technology Banking and finance

APRA issues updated risk paper on cloud computing

Managing risk around using outsourced cloud computing services is key.

19 Oct 2018

Individual tax residency rules ripe for reform

Banking and finance

Individual tax residency rules ripe for reform

Proposed changes could have significant impact upon the tax profile of individuals with overseas connections.

25 Sep 2018

ATO extends the Taxable Payment Reporting System

Transport and logistics Banking and finance

ATO extends the Taxable Payment Reporting System

The ATO's Black Economy Taskforce has extended the Taxable Payment Reporting System to encourage businesses to keep sufficient business records.

24 Sep 2018

Trust split arrangements may now give rise to capital gains tax

Banking and finance

Trust split arrangements may now give rise to capital gains tax

Trustees should consider tax implications of trust splitting in light of ATO's TD 2018/D3.

30 Aug 2018

High Court clarifies question on trust streaming of franking credits

Banking and finance

High Court clarifies question on trust streaming of franking credits

Commissioner is bound by a court's finding of legal fact, but not to taxation consequences that flow from that fact.

30 Aug 2018

Superannuation Fund Governance

Banking and finance

Superannuation Fund Governance

Will Royal Commission's findings be catalyst for change recommended in the Productivity Commission's report into the superannuation industry?

30 Aug 2018

ATO confirms position on supplies of hotel accommodation in Australia and GST

Hotels, Tourism and Hospitality Banking and finance

ATO confirms position on supplies of hotel accommodation in Australia and GST

Confirmation of GST obligations for hotel industry and tour operators.