SHARE TRANSFER VS SHARE BUY BACK – WHAT’S THE DIFFERENCE?
Where two or more unrelated shareholders trade through a company, there often comes a time where they part ways, presenting a need for one of the shareholders to exit the company. Broadly, this can be achieved either by the departing shareholder selling his shares to the remaining shareholder, or alternatively by the company itself buying back the shares held by the departing shareholder. If you are looking at either of these options, please read our full article here and should you wish to discuss further, please contact your client manager.
HOW TO ACCESS INVALUABLE FINANCIAL INFORMATION ABOUT YOUR COMPETITORS
The regulatory and compliance requirements enforced by the Australian Securities and Investments Commission (ASIC) for Companies are often seen to be a burden – but they can also prove to be a useful source of data. Aside from providing investors with safeguards in the manner in which directors carry out their duties in the running of a financially sound company, the financial reporting obligations for certain companies means the availability of important financial information of competitors that are in your industry and market place. Please click here to read our full article. If you require further information and guidance, please feel free to contact your client manager.
SUPER CHANGES FROM 1 JULY 2017 PART 4 – I WANT TO TRIGGER MY 3 YEAR BRING FORWARD NCC CAP – HOW MUCH CAN I CONTRIBUTE?
Over the last 4 months we have been giving you a detailed report on the superannuation changes that will be effective come 1 July 2017. In this article we will focus on how the non-concessional contributions (“NCC”) caps may be different for each individual, depending on the contribution history in the lead up to 30 June 2017. Superannuation is an important topic and with so many changes due in a few months, we suggest that you contact your client manager to discuss any concerns or if you have any questions.
FREQUENTLY ASKED QUESTIONS RE FAMILY TRUST DISTRIBUTION STREAMING – PART 1
Last month we wrote about using Family trusts to stream to save tax. This month we answer frequently asked questions on family trust distribution streaming. If you have a family trust or wish to discuss setting up a family trust for distribution streaming then please contact our office and we will assist you. For more information on this, please read the full article here.
S&W MASTERCHEF
The Partners of Stanley & Williamson encourage a strong work/life balance with a ‘Get Involved’ attitude. This month saw the return of the Stanley & Williamson Masterchef CookOff. Competition is fierce in the office and everyone wanted their name on our spice rack trophy. Our theme this year was finger foods, and we saw: 1. Kids footy birthday party with octopus frankfurts, fairy bread, ham and tomato scrolls with birthday cake of course; 2. Australiana which saw us eating sausages, lamingtons and a dessert in the shape of Australia; 3. Mad hatter high tea party came with tuna, cucumber, smoked salmon and cucumber sandwiches, mini spinach, ham and cheese quiches, lemon slice with lemonade scones; 4. Our last team were full of colours of the rainbow, we enjoyed fruit and vegies sticks with various dips, a very colour pizza and multiple layered jellies with and without coconut coating. A big congratulations to the team of Ben, Thanh, Jodee, Rachel and Katrina who took out this year’s Masterchef challenge with their these of a Mad Hatters High Tea Party.
Kreston Stanley Williamson Team
*Correct as of April 2017
*Disclaimer – this article has been produced by Kreston Stanley Williamson as a service to its clients and associates. The information contained in the article is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this article, it is imperative you seek specific advice relating to your particular circumstances. Liability limited by a scheme approved under professional standards legislation.
