April 2016 Edition

In this edition:

Welcome

ATO's ongoing focus: car fringe benefits

Property acquisitions from foreign residents

Valuing SMSF assets

Which two heads are better than one?

Welcome 

Goodwin Chivas & Co. Newsletter - April 2016 Edition

Welcome to our April newsletter. 

With the end of another FBT year (31 March) and the ATO paying increased attention to car fringe benefits, we ask 'what is a car fringe benefit?' in our article ATO's ongoing focus: car fringe benefits. 

New legislation effective from 1 July 2016 imposes a 10% withholding tax on anyone purchasing real property worth $2 million or more from a foreign resident, read more in Property acquisitions from foreign residents. 

Our third story, Valuing SMSF assets contains important information for trustees of SMSF's about valuation methods for assets and a handy reference table. 

Finally, a must read book for any leader looking to increase their ability to create genuinely diverse thinking groups, engage in more productive conversations and make wiser judgements, check out our story on Which two heads are better than one?

You can read the articles by selecting them from the menu at your left or click on the links in the text above.

Our aim is to make better use of your time and keep you updated on matters affecting your business and family life. If you have any questions from any of the articles please contact your Manager or Partner at Goodwin Chivas & Co.

The Goodwin Chivas & Co. team