Chinese Investors look like they will have difficulty transferring money for overseas investments

The Chinese Government says it is  planning  new restrictions on foreign investment deals, aimed at transactions by investors looking to move money out of China. The Chinese Foreign Exchange Regulator says that the measures are not intended to affect genuine overseas investment. There have been comments that the rules would be tightened for overseas investments […]

Ross KoffelPrincipal, Koffels Solicitors & Barristers

Bastiaan Sparreboom Legal Services joins IR as the exclusive Insurance Law Member in Australia

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Bastiaan Sparreboom of Bastiaan Sparreboom Legal Services. Bastiaan has joined IR as our exclusive Insurance Law Member in Australia. After 35 years in legal practice, the majority as a Partner in one of Australia’s largest law firms, Bastiaan established his own boutique law […]

McBurneys joins IR as the exclusive Corporate Services Member in Australia

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Riccardo Raso of McBurneys. Riccardo has joined IR as our exclusive Corporate Services Member in Australia. Our firm was founded in Sydney in 1928, we have been providing professional taxation, business advisory and audit services for over 87 years. We are a full […]

Seftcorp Law Joins the IR Global / Sinchi CSR Programme

Seftcorp Law Joins the IR Global / Sinchi CSR Programme IR Global is the fastest growing professional service firm network in the world with 850+ members, providing legal, accountancy and financial advice to companies and individuals across 150 jurisdictions. The group is renowned for its high ethical standards, innovative approach and niche expertise. In November […]

Grant SeftonPartner, Seftcorp Law

ANNUALISED SALARY ARRANGEMENTS AND COMPLIANCE WITH MODERN AWARDS

DOES PAYING AN EMPLOYEE AN ANNUALISED SALARY SATISFY THE EMPLOYER’S OBLIGATIONS UNDER A MODERN AWARD? IT IS COMMON FOR EMPLOYERS TO PAY THEIR EMPLOYEES AN ANNUALISED SALARY ON THE ASSUMPTION THAT DOING SO WILL SATISFY THE EMPLOYER’S OBLIGATIONS UNDER ANY APPLICABLE MODERN AWARD.  A RECENT DECISION OF THE WESTERN AUSTRALIAN INDUSTRIAL RELATIONS COMMISSION (WAIRC) CASTS […]

Jeremy CousinsPrincipal, Whitehall Workplace Law

Can The Parent Of A Child Abducted To Japan, Ever Seek The Return Of Their Child To Australia?

Japan’s acceptance of the Hague Convention on the Civil Aspect of International Child Abduction “The Hague Convention of the Civil Aspects of International Child Abduction”, concerns the issue of international parental child abductions. The Convention provides a process in which a parent can retrieve their child who has been abducted or retained in another country […]

Ross KoffelPrincipal, Koffels Solicitors & Barristers

General Purpose Financial Statements for “Significant Global Entities”

This is a new requirement in the Australian compliance landscape. It is in addition to all existing requirements. Tax Laws Amendment (Combating Multinational Tax Avoidance) Bill 2015 – changes effective from 1 July 2016 to require lodgement of the General Purpose Financial Statements (GPFS) with the Australian Taxation Office (ATO) with their annual tax assessments, […]

Ross KoffelPrincipal, Koffels Solicitors & Barristers

GST changes for cross border transaction commencing 1 October 2016

    Relief for Australian entities making outbound supplies Where a supply is contractually made to an overseas entity but is actually provided to a recipient in Australia, it will be GST-free provided the Australian recipient of the supply is: – a GST registered entity – supply is not of a private or domestic nature […]

Ross KoffelPrincipal, Koffels Solicitors & Barristers