It’s an unfortunate reality that cyber security attacks are on the rise and now more than ever organisations need to be proactive about protecting information from a range of scams and threats. As a result of the way recent high-profile breaches have played out in the media, our clients have been asking how we protect…
In 2022 Hall Browns began an international recruitment drive to supplement the shortage of accounting staff available locally. At the time Simon Grant of Chartered Accountants Australia and New Zealand (CA ANZ), in his capacity as Group Executive Advocacy and International Development, estimated that there were 9000 accounting vacancies across Australia. As a result of…
Last night, Treasurer Josh Frydenberg handed down a budget aimed at reducing the cost of living for individuals and families, while supporting businesses through Australia’s economic recovery and encouraging them to invest in innovation. We have prepared an in-depth budget report for you to download. Should you wish to discuss the impact of these announcements on…
The ATO has recently released a Draft Ruling TR 2022/D1 and Taxpayer Alert TA 2022/1 directly targeting Family Trust distributions made to adult children. In the Alert, the ATO have advised they are currently reviewing trust arrangements where Trust income is distributed to adult children (more than likely at a lower marginal tax rate), while…
We are excited to announce the launch of our new brand. We would like to thank the team at Prodigy Plus for their assistance and expertise with the design of the new branding and website. Prodigy Plus ran a workshop with the Hall Browns team to consider our mission, values and culture and we thank…
With Bitcoin at an all-time high and with the ever-increasing adoption of Cryptocurrency by large institutions and individuals alike, the ATO has re-iterated to taxpayers the importance of correctly declaring income relating to Cryptocurrency transactions.
Current Australian directors will now have one year to apply for their unique director identification number before substantial fines of potentially in excess of over $1.11 million are introduced for failure to comply with the new regime.
From 1 July 2021, self-managed super funds (SMSF) and small APRA funds (SAFs) will be allowed to have up to six members instead of four. The changes have been on the table for some-time but were finally passed in June 2021.
With the emerging COVID-19 situation in QLD over the weekend, the 11 LGA’s subject to a lockdown have now been declared a Commonwealth Hotspot. This opens up pathways for both individuals and businesses to claim support similar to measures already in place in other states.
Due to current government regulations, our office is currently closed and all staff are working remotely. You can contact us through our regular office phone number (07) 38311055 or you can contact our staff directly on the following numbers.