Tips For Doing Business In Asia

David Thomas of Think Global Consulting has just returned from leading a successful delegation to the Asian Financial Forum in Hong Kong.  His tips for doing business in Asia are: Listen more, talk less Prepare your pitch properly Asia is not one country Focus on building relationships, not contracts Send your best people. See the [...]

By | 2011-01-24T11:58:07+00:00 January 24th, 2011|Uncategorized|Comments Off on Tips For Doing Business In Asia

Paid Parental Leave

From 1 January 2011 the new Federal Government scheme took effect. It allows an eligible working parent who is the primary carer of a child born or adopted from 1 January 2011 to take up to 18 weeks parental leave paid at the National Minimum Wage ($15.00 per hour or $570.00 per week for a [...]

By | 2011-01-22T12:15:45+00:00 January 22nd, 2011|Uncategorized|Comments Off on Paid Parental Leave

State Government Tax Changes

The NSW State Government announced today the following: Payroll Tax Rate reduced to 5.45% from 1 Janaury 2011 Assistance for recent Flood Victims Stamp Duty relief on replacement vehicles resulting from declared natural disasters December payroll tax return lodgement extended to 14 February 2011 Increased Health Insurance Levy Rate from $1.22 to $1.24 Full details of [...]

By | 2011-01-20T12:17:13+00:00 January 20th, 2011|Uncategorized|Comments Off on State Government Tax Changes

Green Building Scheme Tax Breaks

Tax breaks for redevelopments that will substantially improve the energy efficiency of existing buildings are the subject of a new public consultation paper released today by Assistant Treasurer Bill Shorten and Parliamentary Secretary for Climate Change and Energy Efficiency, Mark Dreyfus. The consultation paper has been prepared to explain the key features of the proposed [...]

By | 2011-01-20T11:57:08+00:00 January 20th, 2011|Uncategorized|Comments Off on Green Building Scheme Tax Breaks

GST And Indirect Tax Changes

The Assistant Treasurer Bill Shorten today announced amendments to Australia's tax laws to allow taxpayers to self assess indirect taxes such as the GST and wine equalisation tax (WET). The Government is currently consulting with business to draft legislation that introduces a self assessment system for GST and the other indirect taxes, and establishes a generic assessment [...]

By | 2011-01-19T12:16:24+00:00 January 19th, 2011|Uncategorized|Comments Off on GST And Indirect Tax Changes

TCF Applications For Round 6 Open

Grant applications are being invited for the TCF Small Business Program. The closing date for applications is 5pm on Friday 25 February 2011.  Grants of up to $50,000 are available for each successful project with up to $2.5 million available for projects in 2011/12.  The TCF Small Business Program aims to improve the business enterprise culture of established [...]

By | 2010-12-10T12:06:58+00:00 December 10th, 2010|Uncategorized|Comments Off on TCF Applications For Round 6 Open

R&D Tax – NSW Consultative Forum

Federal Government organises special consultative forum with key industry leaders. Pattens Group will be part of a special consultative forum on R&D Tax with the NSW meeting to be held in Sydney on 18 November 2010.  The purpose of the forum is to provide an interactive and transparent environment to identify and discuss operational issues, including [...]

By | 2010-11-11T12:21:56+00:00 November 11th, 2010|Uncategorized|Comments Off on R&D Tax – NSW Consultative Forum

2010 EMDG Scheme Changes

The Government has passed legislation on a number of changes to the Export Market Development Grants (EMDG) scheme that will impact claims made for eligible expenses incurred after 1 July 2010. The recent changes include: extending the Export Market Development Grants (EMDG) to 2015/16; reducing the maximum assessed grant from $200,000 to $150,000; reducing the maximum number of [...]

By | 2010-11-01T10:09:40+00:00 November 1st, 2010|Uncategorized|Comments Off on 2010 EMDG Scheme Changes