The StewartBrown March 2018 Aged Care Financial Performance Survey (ACFPS) incorporates detailed financial and supporting data from over 911 residential aged care facilities and over 21,700 home care packages (412 home care programs) across Australia. The quarterly survey is the largest benchmark within the aged care sector and provides an invaluable insight into the trends and drivers of financial performance at the sector level and at the facility or program level.
2018 06 StewartBrown Submission to Senate Inquiry into Financial and Tax Practices of For-Profit aged care Providers
On 10 May 2018 the Australian Senate referred an Inquiry titled “the financial and tax practices of for‐profit aged care providers” to the Economics References Committee, with a report due by 14 August 2018. In particular, the Inquiry is to cover:
- the use of any tax avoidance or aggressive tax minimisation strategies;
- the associated impacts on the quality of service delivery, the sustainability of the sector, or value for money for government;
- the adequacy of accountability and probity mechanisms for the expenditure of taxpayer money;
- whether current practices meet public expectations; and
- any other related matters.
2018 05 End of Financial Year Tax Planning Checklist
For the information of clients we enclose this checklist which you may find helpful in planning your year-end tax strategies.
2018 05 Federal Budget 2018 – How will it impact you and your business?
The tax and superannuation highlights of Tuesday night’s Budget are summarised below:-
2018 05 Newsletter - Tax policies of major political parties
You may have read a lot in the media recently about the different tax policies and proposals coming out of the major Australian political parties. To help you understand these policies and potentially the tax changes that are coming, we thought you’d appreciate a summary and brief explanation of them to be better informed for the future.
