MC Tax Advisors

May 1, 2018

International Tax Bulletin – Updates Impacting SMEs

The Government and ATO have been very active on international tax issues this year. However, it can often appear that these are focused on the multinationals and it can be difficult for the SME market to understand whether, and how, these measures may impact them. This Bulletin explains some of the current issues that an SME with international dealings needs […]
April 16, 2018

Tax Bulletin – April 2018

Over the last month there has been plenty of new tax updates and legislative changes. Further, the ATO has been hit with huge media attention regarding its treatment of small businesses. Our April Tax Bulletin outlines current issues that may be relevant to you and your clients. For further information on any of these updates, please contact our Directors, Jacci […]
March 28, 2018

Government releases legislation for changes to Small Business CGT Concessions

The Government has today released the legislation to implement its integrity changes to the Small Business CGT Concessions. These include a number of changes to the exposure draft issued on February 8. For further information in relation to the background to these changes, please refer to our earlier article on the Exposure Draft. What do the provisions involve? The new […]
March 28, 2018

Small Business CGT Concessions – Opportunities for Business Restructures

Legislative changes have been introduced to Parliament to implement new ‘integrity rules’ into the Small Business CGT Concessions (SBCGT concessions) with effect from 1 July 2017. Although practitioners generally agree with some of the issues these rules are trying to address, they have been drafted broadly and have the potential to exclude genuine small businesses from access the concessions. This […]