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Urgent Action Needed if your Discretionary Trust Owns a Property in NSW If you own real property in New South
When the drive for efficiency kills customer service Everyone likes receiving great customer service however often we don’t notice good
9 traits of successful venues To be successful and stand out from the crowd can be difficult in the competitive
Inadvertent underpayment or wage theft? What is wage theft?  It’s a relatively new term being used to describe situations where
Removal of Franking Credit Refund referred to Senate Economics Committee The Federal Treasurer has asked the Senate Economics Committee to
Alternative Funding Arrangements for Farmers With the continuing dry primary producers are needing to look at alternative funding arrangements, outside
Hanrick Curran expands HR and IR capabilities Hanrick Curran is pleased to announce the launch of Providence HR, delivering end
Further Developments on casual employment changes In our article on Important recent development in casual employment we provided an overview
8 reasons to use cloud accounting We are seeing clients who were early adopters of Cloud accounting reaping the rewards
Deductions and Charity Events With the ‘Silly Season’ about to begin for another year, our social calendars are becoming busier
Important recent developments in casual employment A recent decision of the Full Federal Court has changed the way employers must
What high income earners need to know about new Superannuation Guarantee opt-out rules The measures to allow individuals with high
What you need to know about ATO & OSR real time data sharing Single touch payroll is now in full
Is workplace gossip affecting your business? Having the right culture in an organisation is vital to ensure overall high-performance and
Understanding Business Finances and Results – Part 4 What to do with the information Throughout our Understanding Business Finances and
You can’t buy time…or can you? Owning a business often comes at a cost; less time with your family, additional
Rural Economic Development Grants QRIDA have announced a round 1 funding pool of $3mil to fund rural economic development projects
Small Business Digital Grant now open The application window for round 5 of the Small Business Digital Grant is open
September 5, 2018

R&D tax incentive overhaul

R&D tax incentive overhaul In simple terms, the Research and Development (R&D) tax incentive provides a tax offset to eligible
Understanding Business Finances and Results – Part 3 How often should you measure your KPIs Welcome to Part 3 of
Assisting Primary Producers in times of drought Hanrick Curran have a long history of advising primary producers, remaining current with
Understanding Business Finances and Results - Part 2 In Part 1 of Understanding Business Finances and Results – Knowing the
Contractor or Employee? They have an ABN and invoice me so they must be a contractor. It’s not that simple.
Finance Facility Review: How does your finance facility stack up? How confident are you that your current business funding is
Understanding Business Finances and Results - Part 1 Steps to Knowing the Score  Picture this, you sit down to watch
WorkCover premium funding a viable alternative Whilst Queensland businesses have the lowest workers compensation premiums nationally, averaging $1.20 per $100
Family and Domestic Violence Leave to be covered by Modern Awards The Fair Work Commission (FWC) has decided that workers
Export Market Development Grant The Export Market Development Grant (EMDG) aims to encourage small and medium sized Australian businesses to
5 tips to demystify finance Ensuring you have adequate business funding using appropriate lending products at a competitive interest rate
It’s time to go...5 tips for a smooth termination If “it’s time to go” for an employee in your business
Australians travelling with HELP or TSL debt now must repay and report while abroad Seeing the world or working abroad
Senior Promotions announced in 2018 Hanrick Curran is pleased to announce three senior promotions this financial year reflecting our continued
More paperwork for those who invested in an Early Stage Innovation Company With innovation a buzz word in 2017/18 many
Right under your nose! 2 ways to increase profits that don’t involve new business Often when business owners plan to
Tax time focus areas for individuals It’s tax time again, as you gather your receipts and other assorted tax documents,
Tax time focus areas for businesses With the ATO’s compliance targeting of large businesses in the past few years reaping
Hanrick Curran strengthens international alliance at Alliott Asia Pacific Regional Conference Hanrick Curran was represented from 24-26 May in Osaka,
2018 Queensland Government Budget Highlights Jackie Trad the Queensland Treasurer handed down her first Budget on 12 June 2018.  While
Hanrick Curran joined over 90 international colleagues from 31 countries in Prague for Alliott Group’s Europe, Middle East & Africa
FWC awards a 3.5% increase to minimum wages The Fair Work Commission’s Expert Panel for the 2017/18 review has awarded
2018 Year End Tax Planning Guide We are pleased to provide our year-end tax planning guide for 2018. Tax Planning
2018 Year End Superannuation Planning Guide Concessional contributions cap As of 1 July 2017 the concessional cap has reduced to
As a medical professional how do I pay tax at a company rate A question for my friends in the
Knowing and keeping your competitive advantage When we reflect on the main driver for owners of Small to Medium-Sized Enterprises
A closer look at R&D Tax Incentive changes in Federal Budget 2018/19 We summarised the R&D Tax Incentive changes in
Queensland Anti-Cyberbullying Taskforce At Hanrick Curran, we all care about our kids, our friends’ and clients’ kids – in fact,
Why we recommend 2 Factor Authentication to our clients Imagine arriving at work, opening up your e-mail and reading through
Print our Budget Super Brief  2018/19 Federal Budget Superannuation Brief After a period of turbulence following the extensive changes announced
Print our Federal Budget Tax Brief  2018/19 Federal Budget Tax Brief The Federal Treasurer, Mr Scott Morrison handed down the
Single Touch Payroll is coming, act now What is Single Touch Payroll? Single Touch Payroll (STP) is a new way
Hanrick Curran Finalists in 5 categories in 2018 Australian Accounting Awards On Wednesday 18 April AccountantsDaily announced Hanrick Curran as a
How will the EU General Data Protection Regulations (GDPR) affect your Australian business? In addition to new data breach requirements
April 18, 2018

Planning for Growth

Planning for Growth As you look down the fairway your eye focuses on the red flag in the distance, you
The 2018-19 Federal Election - The Emerging Tax Battleground Labor's recent announcement that if it is elected it will move to
Unclaimed Super? You may be on the ATO alert list In the coming weeks the ATO will commence a campaign
New Labour Hire Laws add more Red Tape to Queensland Business  During 2017, the Queensland Government passed the Labour Hire
How to prepare for June 30 and what you should consider With the March quarter complete, business owners are now
Tips to improve operational efficiencies in your business No matter what industry you are in and whether you provide goods
Additional Reporting obligations for SMSFs In line with the introduction of the transfer balance cap (TBC), the Australian Taxation Office
Succession planning can decrease business risk Succession planning, or preparing your business for when you leave, is something that many
Small Business Digital Grant Round 4 - now open! Small Businesses can now access funding to help utilise digital technologies
Attracting, retaining and motivating staff is the key to SME business concerns According to a recent SME Research Report, one
Important considerations as the Fringe Benefits Tax (FBT) year comes to a close Fringe Benefits Tax has seen some changes
Accelerate Growth Grant set to close The Queensland Government recently announced its intention to close the popular Accelerate Growth Grants
Small to Medium Business Growth Grant announced The Queensland Government recently announced an expanded Program to support small to medium
10 Habits of Successful Small Business Owners Managing a business can often resemble a juggling act with a seemingly never-ending
New Payments Platform (NPP) – what are the benefits? The New Payments Platform (NPP) is a world-class payments infrastructure transforming
Benchmark your way to a thriving business  Benchmarking – it’s the No.1 thing you can do right now to bring
Is your business ready for Single Touch Payroll? If you are an employer the way you report payments, such as
Property Sellers to take a hit as ATO collect GST at Settlement The Federal Government announced in the 2017/2018 Budget
Will your SMSF be caught out with non-arm’s length income rules? A Treasury consultation paper issued on 11 January 2018 includes
New Director appointment expands international expertise Hanrick Curran is delighted to announce the appointment of Michael Wen.  Michael joins the
Upsizing superannuation by downsizing your family home Just before Christmas, Parliament passed the legislation confirming the ability from 1 July 2018
Rough seas ahead for Multinationals?  Let’s deep dive on the new CbCR & Transfer Pricing documentation rules Multinationals face an
Funding for Farm Business Analysis Assistance Announced Queensland farmers experiencing financial distress can now access free expert financial analysis and
Accelerate your business with Accelerate Growth Grant The Queensland Government is continuing to offer Accelerate Growth Grants of up to $10,000
8 Tips for a successful year ahead January is a great time of year to reflect on the successes of
It’s that time of year when many Queensland businesses close or scale down to minimum staff over the Festive Season
The countdown to Christmas has begun!  Decorations are up and many Australian businesses will pay for their staff and maybe
Strategy 7 - Identify barriers to implementation Making consistent improvements to your business is a conscious choice and not for
The majority of changes to superannuation announced in the 2016 Federal Budget have taken effect from 1 July 2017.  One
The Federal Government has recently passed legislation enacting a Federal Budget integrity measure designed to increase the amount of housing
The Federal Government has passed the Housing Integrity Bill which enacts the following Federal Budget recommendations: 1) Denies a tax
Strategy 6 - What are the actions that will implement those strategies? If you’ve been following our blog series and
澳大利亚商品服务税(GST)将覆盖几乎所有的进口商品 澳大利亚政府对商品服务消费税税法进行了修订。从2018年7月1日起,澳大利亚商品服务税(GST)将适用于几乎所有的澳洲进口商品。 澳大利亚的商品服务税GST税率为10%。海外企业如果在未来12个月内实际或预期的销售额超过7.5万澳元,就需要在澳大利亚税务局(ATO)注册商品服务税GST。 目前,向澳洲消费者销售商品的外国企业不需要在其商品价格上收取GST费用,除非出售给消费者的商品价值超过1000澳元。 从2018年7月1日起,为了确保在澳洲的外国商品进口商与澳大利亚本地零售商在商品价格上采取相同的标准,外国企业向澳大利亚消费者通过商品进口销售的任何商品(取消了1000元的最低限额)都必须收取GST。 如果商品价值超过1000澳元,那么GST就和关税一起在边境入关时支付。 如果商品低于1000澳元,那么零售商,或者销售这些货物的电子分销平台将被要求直接向澳洲消费者收取GST费用,然后定期结算GST并上缴给澳大利亚税务局(ATO)(按月或季度计算,取决于营业额)。 ATO目前已经发布了关于此次改革措施以及注册要求的网络发布会,并计划于2017年11月中旬在比利时、中国、香港、英国和美国当地举办研讨会。 更多细节,请参阅ATO官方网站信息(有中文详细解释): https://www.ato.gov.au/Business/International-tax-for-business/Australians-doing-business-overseas/Exports-and-GST/ 亨利富华帮助了很多国际客户管理他们在澳洲的税法合规事务。如果您的海外企业需要相关澳大利亚税务法规的协助,或者您的业务在寻求澳大利亚税法应用的建议,请联系闻达会计师。 Michael.wen@hanrickcurran.com.au 07-3218 3900
Australian GST set to apply to nearly all imports into Australia Australia’s Goods and Services Tax (GST) (VAT) rules on
The Queensland Government is offering Grants of up to $5,000 match funded for newly started small businesses to access funding
Strategy 5 - Where are you now in relation to your goals and how to bridge the gap In this
Business improvement isn’t a destination. You’re never done. So to maintain the momentum and keep it sustainable embrace the philosophy
Business Improvement Series: Strategy 4 – What are the goals to achieve the vision You have a vision for where
  On the 18th October, Hanrick Curran partnered with East Coast Forums to host an event profiling insights from some
  On the 18th October, Hanrick Curran partnered with East Coast Forums to host an event profiling insights from some
Business Improvement Series: Strategy 3 - Define your vision Whether you are a sole trader or a listed company it’s
As part of the 2017-2018 Federal Budget in May 2017, the Federal Government announced that they would be legislating to
This month marks an exciting milestone for Hanrick Curran as we acquire Gold Coast Accounting firm, TNS Accountants, and announce
BUSINESS IMPROVEMENT SERIES: Strategy 2 - The long term focus for clarity Running a business is not for the faint
The Treasury has introduced exposure draft legislation seeking to clarify whether the lower company tax rates (27.5%) will apply to
The Business Activity Statement (BAS) has Changed The Australian Taxation Office (ATO) has introduced a ‘Simpler BAS’ for Small Businesses
As a business owner, there are plenty of things you need to manage, and two of the most important of
We all know Captain Kirk was the original and best, but his legacy gave a leg up to J-LP and
BUSINESS IMPROVEMENT SERIES: Strategy 1 - What’s wrong with a short term focus when improving a business? In our article
Cloud Accounting solutions have been available for years now and it’s no longer just the domain for the early adopters
It is with pleasure that we welcome our new Director, Stephen Brake, to the firm. Stephen joins the firm after
Making consistent improvements to your business is a conscious choice – one that will go a long way in determining
Running a hotel, and particularly a regional venue where local economic conditions have reduced customer spend, is difficult. Competition is
7 Myths about Business Cash Flow Setting up and running a business can be an exciting time, but it comes
With the start of the new financial year, all the previously announced changes to the superannuation rules came into force.
August 14, 2017

Funding for export activity

Exploring and indeed entering export markets has the potential to expand your business, diversify your revenue and increase your profits.
Business improvement is a mindset, an overlay on all our activities and many of us need to schedule time, typically
To run a successful business it’s important you have the right team to support you. Hiring the ideal person for
July 20, 2017

How To Spot A Scam

How To Spot A Scam Most people at some stage in their life will encounter a scam that tries to
When you first start your business, you are driven by the passion to make it all that it can be
On the 11th July, Hanrick Curran partnered with East Coast Forums to host an event aptly titled Shark Tank Uncensored.
Expanding to international markets is appealing for future growth, however it often requires investment in promotional and marketing activities well
  The Fair Work Commission (FWC) has released changes to award wages and allowances, taking effect from 1 July 2017,
Prepare now for your 2017 R&D Tax Incentive
The R&D Tax Incentive is the government’s way of supporting business talents. As the owner of a business focused on
New law impacts all property sales over $750000
The 2017-18 Budget proposal to change the ‘foreign resident capital gains withholding payments’ passed Parliament on 15 June 2017.  This
Tackling the challenge of change...
  With the close of another financial year, it is an opportunity to begin anew for the 2018 financial year,
Credit reporting of tax debt...
  The Australian Taxation Office (ATO) has reaffirmed that it is seeking the ability to report taxation related debts of
Clarity on eligibility of overseas R&D activities...
  R&D activities conducted overseas for the benefit of an Australian Company may be eligible for the R&D Tax Incentive
Investing in PNG...
June 13, 2017

Investing in PNG Success

Breakfast Q&A Panel with Paul White, CEO Brisbane Broncos and former player Petero Civoniceva. On the 12th June 2017, Hanrick
Protect your SME software...
In the digital age we’re in, protecting our identities and our sensitive information online is of key importance. Why? For
Never make assumptions...
A new article published by Hanrick Curran’s international alliance (Alliott Group), outlines the general principles of permanent establishment and the
2017 NEW ZEALAND BUDGET – Business Growth Agenda
On Thursday 25 May, New Zealand Minister of Finance, Hon Steven Joyce delivered the 2017 New Zealand Budget. To assist
Superannuation year end planning guide 2017
Given the impending July 2017 superannuation changes, being on top of your end of financial year planning is as important
We are pleased to provide our year-end tax planning guide for 2017. Click the icon to download: Tax Planning should
May 23, 2017

A Call for Help

  The lovely bud, so young, so fair Called off by earthy doom, Just came to show how sweet a
Hotel Budget Considerations for 2017/2018
It’s that time of year again when we book time with the accountant to plan for our financial year-end planning
Jamie Towers
Hanrick Curran’s Tax Partner and Asia Pacific Chairman, Jamie Towers is attending the Alliott Group 2017 EMEA Regional Conference in
Budget Superannuation
Treasurer Mr Scott Morrison has handed down his second Federal Budget and in a complete contrast to last year, there
The Federal Treasurer, Mr Scott Morrison handed down the 2017/2018 Federal Budget on 9 May 2017. As expected, it had
Benefit from timely year-end tax planning
As we step into May and edge closer to 30th June, your attention will be fully focused on year-end tax
ATO, Tax Deductions, Travel Claims
The Australian Taxation Office (ATO) recently released a tax determination confirming that the cost of travelling to have a tax
NZ Tax Concessions in Australia
If you are a New Zealand citizen who has moved to Australia, there is a unique tax concession available to
The Queensland Government has announced new grants to provide financial support to assist Queensland primary producer or their relatives to
Superannuation Spotlight - Part 3
With just over 9 weeks left of the current financial year time is running out to review your superannuation arrangements
On Wednesday 12 April AccountantsDaily announced Hanrick Curran is in the running to take out four categories in Australia’s top industry
Change is an Opportunity
April 12, 2017

Change is an Opportunity

The recent decision of the Fair Work Commission reducing Sunday and public holiday penalty rates is certainly big news for
Are you claiming too much rebate on your private health insurance
The Federal Government provides a rebate on private health insurance premiums where individual or family incomes fall below certain thresholds. 
5 good reasons to do year end planning in 2017
We’re in the last quarter of the financial year, so now is a great time to forecast how your 16/17
Budget Proposal Watered Down
While not yet passed, the Government has reached agreement with minor parties to be able to partly pass its Company
Superannuation Spotlight - Part 2
As discussed in Part 1 of this series, most of the proposed changes to superannuation based on the 2016 Federal
The 6 common mistakes you could be making as a business owner
The 6 common mistakes you could be making as a business owner It is said that mistakes have the power
Common Reporting Standard – What does it mean for expatriates
A new report is available from Hanrick Curran’s international alliance (Alliott Group), which outlines the basics of the Common Reporting
Business intelligence using modern technology
International companies should be interested to learn that the Australian Taxation Office (ATO) has recently issued a draft taxation ruling
In recent times, there has been a lot of discussion surrounding the changes to superannuation after the 2016 Federal Budget
Fringe Benefits Tax has seen some changes since this time last year so if it’s applicable to you or your
Beware of additional duties levied for minority foreign interests
Several changes have come into effect in the last 6 months for Eastern seaboard states relating to additional transfer (stamp)
Investment
Hanrick Curran’s contemporaries in the UK within our international network Alliott Group, provided a concise summary of the UK Budget
While undertaking a review of a hotel venue recently we identified an opportunity to reduce payroll costs by employing school
Deadline Image
Substantial interest from small business in round 1 of the Digital Grants was evident with the Department of Tourism, Major
Businessman Holding Nest Full Of Golden Eggs
With the biggest changes to the superannuation industry in a decade only 4 months away, Hanrick Curran continues to remain
On 23 February 2017, the Fair Work Commission announced cuts to Sunday penalty rates and public holidays impacting workers, employers
The Federal Court recently handed down the Uber decision confirming that ‘ride-sourcing’ is taxi travel for GST purposes. Uber drivers
As a business owner contemplating the sale of your business, one of the most important things you need to consider
In a world that is built on innovation, Research and Development (R&D) is key.  Whether you’re the owner of a
Tax risk is the risk that a taxpayer is paying an incorrect amount of tax.  We believe that Tax risk
On Donald Trump’s Inauguration Day, our USA Alliott Group member firm, Bowman & Company LLP highlighted the proposed US tax
January is a great time of year to reflect on the successes of 2016 and picture the achievements you could
On 1 January 2017 the Queensland Government announced the State’s most comprehensive smoke alarm legislation, Fire and Emergency Services (Domestic
For those who have financial arrangements that span international borders the world is becoming a much smaller place. The Organisation
The information available to a hotelier in today’s day and age through technology is mind boggling. In fact so much
The Treasurer, the Hon Scott Morrison MP and Minister for Finance Senator the Hon Mathias Cormann released the Mid-Year Economic
Since the 2015 Federal Budget announcements, there has been a significant amount of uncertainty surrounding proposed changes to the tax
December 15, 2016

A Beer and a Byte

The pun is intended, and reflects a real push within our clients and the industry more generally for the adoption
Australia’s export economy is closely watching the developments following a Trump election win.  Hanrick Curran work closely with Efic (Export
The most substantial changes to the Australian superannuation system in a decade have passed through Parliament with seemingly little debate
Global Round Table Highlights Uncertainty in M&A Environment but Provides Reasons to be Optimistic A recent international round table discussion,
December 1, 2016

2017 PNG National Budget

The 2017 Papua New Guinea National Budget was presented on 1 November 2016 by the Minister for Treasury, the Hon.
In our experience, many Queensland businesses close or scale down to minimum staff for 1 - 2 weeks over the
                        Hi, I’m Robert Pitt, Associate with Hanrick Curran.
The Organisation for Economic Cooperation and Development (OECD) put forward recommendations to implement base erosion and profit shifting (BEPS) to
The festive season is almost upon us and the most anticipated staff event of the year is looming.   Staff and
In a bid to support growth in small business by encouraging them embrace digital technologies the State Government has announced
An important way that Hanrick Curran supports the international expansion and business interests of our clients is through our membership
Expanding your customer base to generate sales to international markets is a logical consideration for many businesses.  Where you’ve taken
The application of capital to a renovation or extension is an interesting case and one where Hanrick Curran can assist
Grant Opportunity for Not-For-Profit Hanrick Curran recognises the important services that Not-For-Profit (NFP) organisations provide to our community and are
The final step to follow to determine if your idea will be a Start Up success is to assess if
Incentives for Early Stage Investors Earlier this year the Government introduced two key incentives to encourage new investment in Australian
The extra breathing space issued by the ATO to small businesses who were yet to register for SuperStream is about
Hanrick Curran is this week (18-22 October) attending an international conference in London focused on subjects critical to servicing and
A crucial element of assessing if your idea will be a Start Up success is to develop a go to
Hanrick Curran a member firm of Alliott Group was delighted to hear that Alliott Group won the 2016 Rising Star
We all have at one point in time, heard about a great way to save on tax.  At this time
Following the Government introducing to Parliament various Budget measures including an increase in the 32.5% tax band from $80,000 to
September 26, 2016

Food for Thought

The food service landscape has changed considerably over the last decade. Australian consumers are now inundated with new food options
One of the most challenging assessments for many entrepreneurs to make about a business idea is confidently assessing the financial
Both houses of Parliament agreed to the Budget Savings (Omnibus) Bill 2016 which has received Royal Assent. This passes 24
Another day, another change to superannuation.  The Government has caved in to the pressure from within their own party and
With preparation of year-end financials underway, it’s timely to explore where the opportunities for improving business results can be found
We are at the half way point in our 7 Step Guide to Assessing Start-Up Success.   Step 1 addressed the
On Monday 5 September, AccountantsDaily announced Hanrick Curran is in the running to take out four categories in Australia’s top
Invoice Fraud taking Queensland by Storm – what you need to know As you may have heard a number of
We all have at one point in time, heard about a great way to save on tax.  At this time
The Labor Party announced their proposed superannuation policy on the 24th of August in advance of Parliament resuming at the
The global market place is more accessible than it has even been, so entrepreneurs can truly consider international customers as
Small businesses (with less than 20 employees) have been given some additional time to transition to the Government’s SuperStream initiative
7 Deadly sins of family businesses Starting and owning a family business may be one of the most fulfilling decisions
Tax Myths, Rumours and Mistruths for Individuals Debunked It’s safe to say that most of us have at one point