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Ransomware – just another cost of doing business?
In this challenging era of digital transformation, organisations of all shapes and sizes are at risk of being impacted by... read more
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2018/19 Federal Budget Snapshot
On 8 May 2018, the Government delivered a conservative budget in line with what would be expected in an election... read more
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Introduction of Single Touch Payroll
Single Touch Payroll (STP) is a new Government initiative that will require employers to report various payroll related payments such... read more
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FBT and the 2017/18 Festive Season
With the 2017/18 festive season fast approaching, it is worthwhile having a refresher of the Fringe Benefits Tax (FBT) implications... read more
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Tax Bites: Properties used in a business of a related entity
When applying the Small Business CGT Concessions, one of the threshold tests is firstly determining whether the asset being disposed... read more
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Banks Group has achieved Xero Certified Platinum Partner status
It's official - we've gone platinum! We're delighted to announce that our knowledge and expertise has seen us achieve Xero... read more
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Tax Bites: 30% tax rate or 27.5% tax rate?
As a result of some confusion, the Federal Government has introduced legislation to confirm when a company is eligible to... read more
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Superannuation audits for accounting firms
You may be aware that Banks Group has a dedicated audit division, but did you know that we also audit... read more
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Family Law: Tax, Accounting, Superannuation and Business Valuation Issues
BANKS GROUP WEBCAST https://youtu.be/GqvUUVMPkA4 Click here to download the slide booklet. This three-part webcast showcases valuable insights from Banks Group... read more
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Tax Bites: Incentivising key employees through options
A great way of retaining staff is to provide them with equity with retention and/or performance hurdles. Division 83A of... read more