Think about Restructuring to save your business: Woolworths example

Woolworths is announcing a restructure to face Aldi Competition. It's time for this giant to become more competitive. Woolworths is cutting 500 jobs and closing 30 stores. The group is also looking to sell the struggling supermarket chain, EziBuy. The moves to make the supermarket chain more efficient will mean restructuring costs of $959 million. Woolworths [...]

By | July 26th, 2016|Restructuring|0 Comments

ATO crackdown on the sharing economy

Talk to your clients before the ATO goes after them The Australian Taxation Office (ATO) is  “concerned” by people making income from sites such as Uber, Airbnb and Airtasker. And are unaware they have to declare these amounts on their tax return. The warning comes after the ATO recently collated information from banks to find [...]

By | July 18th, 2016|Taxes|0 Comments