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May 14, 2021 / News
Strategic Business Planning & WET update - Wine Industry Group
George Papanicolaou is a member of the firm’s Wine Industry Group. In this video, he discusses the key issues to consider if establishing a new wine business or restructuring an existing business. A link is also provided to a recent training video on WET tax and tips & traps: https://www.nexiaem.com.au/news/wine-equalisation-tax-training/ Read more
May 12, 2021 / News
Guide to the Federal Budget 2021
As we now allow ourselves the indulgence of thinking about a post-pandemic world, the goal of the 2021 Federal Budget is to support our economic recovery. Read more
May 05, 2021 / News
Not-for-Profit Newsletter | Edition 8
This edition covers a number of financial reporting matters including commentary on the lodgement of incomplete financial reports, proposed changes to reporting thresholds, and ACNC best-practice disclosures. Read more
Apr 28, 2021 / News
Have you considered your exit strategy?
This article has been written by Nexia Sydney Director, Ian Stone, and reflects his anecdotal experiences with his clients over the course of his 40 years at Nexia. Read more
Apr 20, 2021 / News
Five reasons to check your super statements
Superannuation - every working Australian has an account but not all understand it. The legislation of compulsory super contributions was first introduced in 1992 by then Treasurer, Paul Keating. It aimed to solve the issue of retirement income for all Australians. Twenty eight years on, superannuation assets have grown to a massive $2.7 trillion, an incredible 1.5 times Australia’s gross domestic product. Read more
Apr 20, 2021 / News
Top 5 Strategies for Business Success in 2021
The events of 2020 affected our lives in immeasurable ways, with the impact on the economy and business sectors being profound. As we start the New Year and look forward to positive changes and economic recovery (already against a backdrop of political unrest in the US), we have collected our top 5 strategies for business success for 2021 by borrowing from some popular political quotes from a more inspirational period of US history. Read more
Apr 20, 2021 / News
Don’t shoot yourself in the foot: Business sale contracts
Experience can be a great teacher. But it’s also desirable to not learn some things the hard way. That certainly applies when it comes to selling your business. Nobody knows your business better than you, but your Nexia advisor knows many businesses (including our own). Read more
Apr 20, 2021 / News
Financial Reporting Developments - Autumn 2021
The Australian Charities and Not-for-profits Commission (ACNC) was established in 2012 as the national regulator of charities in Australia. At that time, the ACNC Act introduced financial reporting requirements for charities which varied depending on the size of the charity, where size was based on the charity’s total annual revenue for the relevant reporting period. Read more
Apr 14, 2021 / News
Indexation of the Transfer Balance Cap
The All Groups CPI figure for the December 2020 quarter has triggered upward indexation of the general transfer balance cap (TBC) and any unused part of an individual’s TBC (or “cap space”) from 1 July 2021. This sounds like good news, but the bad news is that the indexation system to be used for any individual’s cap space is so complex that it may lead to errors and unintentional breaches of the TBC rules. Read more
