Tag Archives: tax

New financial year brings rewards for Forde small business

NewsBy Bert van Manen MP 30 June, 2017

Small businesses in Forde will benefit from simpler Business Activity Statements (BAS), an extension to the instant asset write-off programme and the opportunity to opt in to the single-touch payroll thanks to positive changes in force from tomorrow. Federal Member for Forde Bert van Manen said the start of the new financial year was set…

Diverted Profits Tax will prevent profit shifting

NewsBy Bert van Manen MP 29 March, 2017

Multinational companies will be prevented from shifting profits made in Australia offshore after the Turnbull Government successfully passed a new Diverted Profits Tax in Parliament. The new Diverted Profits Tax will commence on July 1, 2017 and will prevent multinational companies from shifting profits made in Australia offshore to avoid paying tax. Federal Member for…