For businesses looking ahead and planning for 2021, objective scenario planning is a powerful tool to help evaluate future strategic business decisions, assess potential opportunities and reduce uncertainty. What is scenario...
From 1 January 2021 a simplified restructuring process is available to eligible small businesses. Businesses and their advisors are being encouraged to prepare now and contact our qualified Small Business Restructuring...
With the end of the December quarter quickly approaching, now is the time to review the key dates in relation to the end of JobKeeper 2.1 and the start of JobKeeper 2.2. By now, most businesses are aware of the basic criteria...
Businesses establishing themselves in emerging sectors can face unchartered waters when navigating the tax implications of new products. Pilot Partners is no stranger to these challenges. Pilot has the knowledge and expertise...
2020 has been a year like no other. Uncertainty continues to plague the current economic environment, but for a number of small businesses this year’s government stimulus and Australian Taxation Office ("ATO") concessions have...
Each year medical practitioners spend thousands of dollars on self-education to meet rigorous professional development and accreditation standards. Many of these expenses are tax deductible and can result in a greatly reduced tax...
Read our latest issue of Pilot Directions. The quarterly newsletter includes relevant accounting news and updates about the...
Owners of discretionary trusts that hold NSW Land must act before 31 December 2020 to potentially avoid surcharges. On 24 June 2020, the State Revenue Legislation Further Amendment Act 2020 (NSW) received Royal Assent....
11 December 2020 - Updated Advice from the ATO Since publishing this article, the Australian Tax Office has provided clarification for foreign-resident employers with employees remaining in Australia from 1 July...