The recent AAT decision in the case of Bendel and Commissioner of Taxation  AATA 3074 is in stark contrast to the ATOs longstanding position that an unpaid present entitlement of a corporate beneficiary constitutes the ‘provision of financial accommodation’ by the company to the distributing trust. […]
Acis Participates in Orange Sky’s Sudsy Challenge
Acis, current as of: 28 September 2023.
After donating $10,000 to Orange Sky in lieu of holiday gifts for clients in December 2022, the Acis team were thrilled to further our support and participate in Orange Sky’s Sudsy Challenge. For three days in September, the team kept their kits on to raise awareness and much needed funds for those experiencing homelessness.
Acis’ CEO, Matt Neibling, noted that the Sudsy Challenge is about more than just fundraising. “It’s about stepping up, giving back, and providing much-needed support for those doing it tough. I am incredibly proud of our team for exceeding our fundraising goal of $5,000” he said.
We were grateful to receive the acknowledgement of Orange Sky Co-founder, Nicholas Marchesi, who said, “We’re incredibly grateful for the Acis team taking on The Sudsy Challenge and helping us to continue to be there for the growing number of Aussies doing it tough. With their support, the wheels on our vans will continue to turn, helping us to provide our essential services of clean laundry, safe showers and positive connection for people experiencing homelessness and hardship across Australia.”
Acis looks forward to continuing to provide support for the life changing efforts of Orange Sky in the future.
You can find out more about Orange Sky’s initiatives on their website.