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April 2018 Newsletter

April 2018 Newsletter

Current as of April 2019

IS YOUR SUCCESSION PLAN IN PLACE?
With Australia’s ageing population and retirement funding issues, the ageing business owner also has decisions to make – when to retire and how to fund it!

To implement a succession plan which is successful, it requires time, planning, knowing the business cycle and understanding the competitors.

Please click here to read the full article written by our guest writer, Preston Foster, who specialises in succession planning in the SME space.

 

AUDIT, ASSURANCE AND RELATED SERVICES AT S&W

This month we provide an outline of the “other” assurance related services which are not necessarily driven by legislative needs, but more geared to help organisations meet their internal objections.

Other assurance related services may broadly be categorised as follows:

  • Agreed-upon procedures
  • Compilation
  • Internal Audit

To read more on our services, please click here to read our full article.

 

REMOVAL OF MAIN RESIDENCE EXEMPTION FOR FOREIGN AND TEMPORARY RESIDENTS – IT DOESN’T LOOK GOOD

Further to our previous articles on this area we now provide an update on where the ATO legislation is up to.

The article details the draft legislation currently being debated.  If you think this legislation may effect you, please click here to view our full article.

 

TRANSITION TO RETIREMENT INCOME STREAMS (“TRIS”) – WHAT HAPPENS TO MY TRIS WHEN I DIE?Last month, we spoke about Transition to Retirement Income Streams (“TRIS”). These pensions allow individuals to access their superannuation benefits prior to retirement or without having to terminate their employment.

Please click here to read our full article and contact your client manager should you need further clarification.

DISCLAIMER
This newsletter has been produced by Stanley & Williamson as a service to its clients and associates. The information contained in the newsletter is of general comment only and is not intended to be advice on any particular matter. Before acting on any areas contained in this newsletter, it is imperative you seek specific advice relating to your particular circumstances. Liability limited by a scheme approved under Professional Standards legislation. 

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