ECOVIS INTERNATIONAL NEWSLETTER, issue 4, 2017

The latest articles from Ecovis Offices Around the Globe

UK

The impact of the ‘gig economy’ on labour laws

USA

Investment in Passive Foreign Investment Companies (PFICs) creates potential tax pitfalls for US investment funds

DUBAI

UAE to implement VAT in 2018

SPAIN

Spain signs up for e-vehicles

CHINA

Automobile production in future without any Chinese partners?

 

Workshop: Setting up a successful practice

Categories:Events, Medical and Dental

Starting your own practice is a big commitment and the process can leave you feeling overwhelmed and confused, but it doesn’t need to be such a daunting project. We have gathered a team of experts to help you uncover your practice ownership goals and help you set the necessary direction to achieve them.

We will provide you with a course of action to ensure the set-up and running of a successful business, which will include:

  • Research and planning
  • Property purchase/leasing
  • Design and fitout due diligence
  • Financing options
  • Branding and marketing
  • Legal considerations – commercial and human resources
  • Accounting best practices
  • IT infrastructure
  • Day-to-day operations
  • Growing your business
  • Practice insurance considerations
  • Structuring your insurance and the fine print

DATE: Friday, 21 July 2017

LOCATION: BOQ Specialist, Level 22 Chifley Tower, 2 Chifley Square, Sydney NSW 2000

TIME: 8:30am – 5:30pm

COST: $150 (includes parking at Chifley Tower, tools, resources, refreshments and catering)

CONTACT: Tahnee Renshaw, BOQ Specialist

TEL: 02 9293 6833 E: tahnee.renshaw@boqspecialist.com.au

RSVP: By Wednesday, 12 July 2017 at boqspecialist.com.au/roadmap

 

Please join us to hear from industry experts who will give you the information you need to confidently start the journey to practice ownership.

Heath Stewart, director of ECOVIS Clark Jacobs;

Luke Truscott, finance specialist at BOQ Specialist;

Caroline Ucherek, owner of CJU Medical Marketing;

Mike Watson, owner of dda (Design Doctors Australia);

Russell Lee, owner of Health Business Network;

Dean Crozier, Chief Operating Officer for Health Project Services;

Robin King, Special Counsel – Commercial, of Macpherson Kelley Lawyers;

Sue Barnes, Special Counsel – Workplace Relations, of Macpherson Kelley Lawyers:

Rob Khamas, CEO of REND Tech Associates; and

Mark Sacks, principal adviser of Experien Insurance Services

 

Strictly limited to 45 seats. Book today.

TAX WISE Business News – June 2017

Categories:Clark Jacobs Alerts, Client Alert, Guides

In this issue:

The end of the financial year is coming!

Single Touch Payroll starts 1 July 2017

Illegal phoenix activity – protect yourself and your business

2017-18 Federal Budget small business measures

READ MORE

ASSOCIATE DENTISTS AND PAYROLL TAX

Recently, there have been some questions from practice owners following the important decision by the New South Wales Civil and Administrative Appeals Tribunal, in the case of Winday International Pty Ltd v Chief Commissioner of State Revenue [2016] NSWCATAD 270, to impose payroll tax on Winday’s service agreements with its practitioners. Winday is in the business of providing radiology facilities to radiologists. The Tribunal’s decision referred to a number of elements not usually present in service or facility arrangements in the broader healthcare space. However, the decision highlights the need for practice owners to carefully consider the contractual arrangements between themselves and their associate practitioners, and also that the revenue authorities are prepared to look beyond legal documentation to the substance of a particular arrangement.

READ MORE

ECOVIS INTERNATIONAL NEWSLETTER, issue 3, 2017

Categories:International, Published Articles

TAX WISE Budget Edition – May 2017

Categories:Client Alert, Guides

In this issue:

Housing affordability measures

Individuals

Small business

Superannuation

GST

Tax integrity measures

Other tax changes

READ MORE

PRE-30 JUNE TAXATION PLANNING

The run up to 30 June always triggers a variety of queries from our clients, often linked back to optimising taxation deductions in a legal way prior to the end of the financial year. This being the May issue of the News Bulletin, it is worth re-visiting some of the key opportunities to increase deductions prior to the end of the financial year.

The 2016 Budget provided for a broadening of the eligibility for small business capital deductions and immediate write offs. This enabled businesses with a turnover of less than $10 million to now claim an immediate write off for all capital expenditure on items with a value up to $20,000 (excluding GST). Prior to the 2016 budget this eligibility was restricted to businesses with turnovers of less than $2 million. This has been an important concession as many group practices (multiple dentists working together) have turnovers greater than this. This $20,000 write off ceases at 30 June 2017.

READ MORE

 

 

Grants of up to 21,450 euros for an electric car …

Categories:Clark Jacobs Alerts, Guides

PRESS RELEASE, Munich, May 4th, 2017 – not only in South Korea, where particulate matter and smog pollute the air they breathe. Ever since “dieselgate”, electric cars have been hailed as the new saviour of our environment. Ecovis, a consultancy firm focussing particularly on the interests of SMEs, turned to its international partner offices for answers to the question of what financial incentives to purchase e-cars or plug-in hybrids exist in their respective countries.

Read more

TAX WISE Business News – April 2017

Categories:Clark Jacobs Alerts, Client Alert, Guides

In this issue:

Superannuation reform changes – what you need to know

New tools to check your superannuation fund entitlements

Working holiday makers

Deductions – current matters

…and much more

READ MORE

WORKSHOP – SETTING UP A SUCCESSFUL PRACTICE

Categories:Clark Jacobs Alerts, Events

If you are thinking about setting up your own dental, medical or veterinary practice, our upcoming workshop will take you through every step of the process. 

We have gathered a team of experts who will provide you with a course of action to ensure the set-up and running of a successful business, including: 

• Research and planning
• Property purchase/leasing
• Design and fitout due diligence
• Financing options
• Branding and marketing
• Legal considerations – commercial and human resources
• Accounting best practices
• IT infrastructure
• Day-to-day operations
• Growing your business

Note: This event is exclusively for dental, medical and veterinary specialists.

Fri. 12 May 2017

9:00am – 5:30pm

Sheraton on the Park, Beaumont Room Level 1

161 Elizabeth Street, SYDNEY, New South Wales 2000

Click HERE to register

 

Ecovis Clark Jacobs
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