The Federal Court has denied a sports company’s appeal to claim research & development incentives for the creation of an Australian signature basketball shoe. The Movie Air highlighted the importance of the signature Air Jordan shoe to Nike. While expected to sell around $3 million worth of shoes by its fourth year, the signature shoe …
Tax deduction denied for signature basketball shoe R&D Read More »
The last few years have been a rollercoaster ride of instability. 2025 holds hope, but not a guarantee, of greater stability and certainty. We explore some of the key changes and challenges. An election Welcome to political advertising slipping into your social media, voicemail, and television viewing – most likely with messages from the opposition …
We want to take this opportunity to wish you and your family a safe and happy Christmas. It’s been an eventful and busy year, and we look forward to working with you again in 2025. We wish you and your family the warmest of Christmas wishes. Office closure Please note that our office will be …
Can you avoid giving the Australian Tax Office a gift this Christmas? The top Christmas party questions What can I do to make the staff Christmas party tax deductible or tax-free? Not have one? Ok, seriously, it’s likely that you will pay tax one way or another; it’s just a question of how. If you …
We are thrilled to share some exciting news! At Indepth Accounting, we strive for excellence, and this year, our hard work and dedication have been recognised on both national and regional stages. Sunshine Coast Business Awards 2024On the regional front, we were honoured to win the Professional Services Award at the Sunshine Coast Business Awards. …
Celebrating Success: Women in Finance & Sunshine Coast Business Awards Read More »
What Is Peppol?Peppol stands for Pan-European Public Procurement Online. It’s a global system that aims to help businesses securely exchange eInvoices and other documents with their trading partners. By using a standardised format, Peppol makes it easier for suppliers and buyers to communicate, both locally and internationally. In Australia, the ATO became the official authority …
Australian voters tend to reject US style education favouring more egalitarian systems where income does not determine access. In the US, average student debt is USD $37,693 (public and private debt) taking an average of 20 years for individuals to repay. But, students often have a gap not fulfilled by loans. For Australian domestic students, …
The cost of living has eased over the past year but consumers are still under pressure. For business, planning is the key to managing Christmas volatility. The countdown to Christmas is on and we’re in the midst of a headlong rush to maximise any remaining opportunities before the Christmas lull. Busy period or not, Christmas causes a …
The Fair Work Commission has determined that a Philippines based “independent contractor” was an employee unfairly dismissed by her Australian employer. Like us, you are probably curious how a foreign national living in the Philippines, who had an ‘independent contractors’ agreement with an Australian company, could be classified as an Australian employee by the Fair Work …
Payday super: the details ‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their employees on the same day as salary and wages instead …
