Closer to Certainty for Minimum Taxation of Trusts: Treasury Releases Draft Legislation
After announcing the intended introduction of a minimum 30% tax on discretionary trusts as part of the 2026/27 Federal Budget […]
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.
After announcing the intended introduction of a minimum 30% tax on discretionary trusts as part of the 2026/27 Federal Budget […]
Share buybacks, capital reductions and financial assistance transactions can trigger complex Corporations Act requirements, with non-compliance often leading to ASIC requisitions or issues with lenders. Join this practical session to understand the key rules, common pitfalls, and critical considerations when navigating these transactions. […]
From 1 July 2027, the proposed CGT rules introduce a deemed disposal mechanism, four new categories of capital gains, a new seven-step method statement, and the return of indexation in certain circumstances. They also interact with proposed changes relating to negative gearing. Understanding how these rules interact will be critical when advising your clients with existing assets. […]