Changes to tax legislation continue unabated and many of these are covered off in this our first edition of HCM News for 2017.
We also write about recent draft rulings from the ATO and their key focus area including a crackdown on the cash economy within hospitality, hair and beauty businesses.
Some recent rulings from the AAT include the Commissioner of Taxation rightfully imposed administrative penalties on companies who failed to lodge FBT returns and claims of loss related to guarantee liability.
Our India Desk features the legal aspects of doing business or investing in India.
Please contact your Hall Chadwick Melbourne Director for any assistance or guidance you may require on any of these issues or for any other matter.