by Ed Chan | Apr 9, 2024 | All, News and Updates
The Australian Tax Office (ATO) has secured a noteworthy win in court against SingTel regarding its purchase of Optus, marking a significant moment for tax compliance among multinational corporations. This victory underscores the necessity for companies to adhere to...
by Cindy Su | Mar 21, 2024 | All, Business, News and Updates
What is Fringe Benefits Tax (FBT)? Fringe Benefits Tax, commonly known as FBT, is a tax employers pay on certain benefits they provide to their employees, including their employees’ family or other associates. The benefit may be in addition to, or part of, their...
by Cindy Su | Feb 27, 2024 | All, News and Updates, Supers
Discover the latest updates in superannuation contributions brought to you by Chan & Naylor. The Federal government has just announced significant changes to contribution caps, set to take effect from July 1, 2024. Let’s explore these changes and their...
by Cindy Su | Jan 25, 2024 | News and Updates, Tax and Accounting
Key Points Prime Minister Anthony Albanese announced significant changes to Australia’s Stage 3 tax cuts on 25 January 2024. The lowest tax rate is reduced from 19% to 16% for incomes under $45,000. Adjustments made to tax brackets to provide relief for...
by Cindy Su | Jun 12, 2023 | All, News and Updates
We are thrilled to announce that Ed Chan, Co-founder and Non-Executive Chairman of Chan & Naylor, has been selected as a finalist for the prestigious Australian Accounting Awards as Thought Leader of the Year. With an illustrious career spanning over several...
by Ed Chan | Jun 2, 2023 | All, News and Updates
In the past few months, the Australian government and regulators have placed a strong focus on protecting consumers from cryptocurrency scams, especially in light of the recent collapse of well-known crypto businesses. One effective strategy to achieve this goal could...
