Are you serious? Yes, but you were probably born after these dates. In 1979 John Howard when he was Federal Treasurer was reclaiming the tax mess made by the Chief Justice of the High Court, Sir Garfield Barwick. Barwick took a literal interpretation of the tax law and thus allowed all sorts of tax schemes […]
Author Archives: Ryan Roomie
We are sad to announce the passing of Bill Charlton, the founding Chairman of Abacus Australia Ltd. Bill died on Monday 31st January 2022 peacefully in his sleep after struggling for well over a month. We will post a full eulogy in the future. From the Current Board Peter Sutton, Lewis Tyson, and Peter Vickers
Every company director will be required to have a unique director number that they will need to link to the companies of which they are directors. The nut that the regulators are trying to crack with this sledgehammer is that a few directors of the 2.2 million companies in Australia are still becoming directors when […]
Both state and federal governments think that they can exploit foreigners by imposing extra taxes including stamp duty and land tax. There is a danger in this for public accountants. The NSW Office of State Revenue wrote to any trust that owned residential property at midnight 31 December 2020, stating that if the trust deed […]