Latest news - Forvis Mazars

How to manage mental health in the workplace

Our workplaces are just like any other community and is a microcosm of the community at large. This includes employees who are experiencing mental health challenges.

How to prepare for June 30 2019 and what you should consider

If you have enjoyed a good income year now is the time to get a handle on how that is going to translate into tax liabilities and take some pre-emptive steps to minimise them.

Tax Exemption for New Zealand citizens in Australia

Certain New Zealand citizens living in Australia are in the fortunate situation of being treated as a Temporary Resident for Australian tax purposes.

The extinction of Desktop accounting solutions– is your business ready?

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As cloud-based software becomes increasingly popular software providers are choosing to reduce and, in some cases, discontinue desktop accounting products forcing clients to switch to more efficient solutions. Amidst some frustration from businesses, MYOB is the latest supplier to announce the end of an era for their desktop software, AccountRight v19, ceasing support on this product from September 2019.

How does the $30,000 Instant Asset Write-off work?

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The 2019-2020 Australian Federal Budget included an increase in the ‘Instant Asset Write-off’ for assets costing less than $30,000 (ie $29,999).

This allows businesses that meet the relevant turnover criteria to claim an income tax deduction in full for the cost of purchasing an asset that costs less than $30,000.

Redundancy and redeployment - the Devil is in the detail

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A recent decision of the Fair Work Commission (FWC) highlights the importance of accurately documenting the redundancy processes, including any alternative offers of employment.

2019/20 Federal Budget Tax Brief

The Federal Treasurer, Mr Josh Frydenberg, handed down the 2019/20 Federal Budget at 7:30 pm (AEDT) on 2 April 2019.

Contractors to require Statement of Tax Record (STR) for Federal Government contract tenders

From 1 July 2019, any business tendering for a Government contract worth more than $4 Million must provide a Statement of Tax Record (STR) as part of the tender process.

Creating Shared Value(s): Mazars publishes its 2017-2018 Annual Report

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With our 2018 Yearbook, part of our 2017-2018 Group Annual Report, we take a step back and reflect on our international development and growth.

2 ways to increase profits that don’t involve new business

Often when business owners plan to increase profits, cutting operating costs is the first instinct. It makes perfect sense on paper but the reality in many cases is that costs can only be reduced minimally before the quality of your offering starts to suffer. Subsequently, when value is reduced your customers lose out.