This month however there was a significant change introduced into this process, according to professional services firm, Deloitte.

On 1 July 2008, a number of states and territories broadened the discretion to exclude employers from a pay-roll tax group where those employers are commonly controlled.

“This is an excellent opportunity for those employers who are currently in a pay-roll tax group to reconsider their position and apply to be de-grouped,” said Frank Klasic, employment taxes...

“The ATO is embarking on a data matching exercise of all individuals and organisations that have registered boats in Australia,” Mr Pring said.

“The data will be matched with tax office records to attempt to highlight areas of non-compliance with tax obligations.”

He said a similar project focussing on the marine sector was announced in 2006 but its findings were never made public. Mr Pring said this...

Conducted in May and June 2008, the survey asked a cross section of the Australian business community questions on taxation issues and other areas associated with the AETS.

Mr Chris Leach, tax partner with Deloitte, said the survey clearly indicates that business has many concerns to be addressed by the Federal Government.

“One key issue that both the Government and the business...

The study examines the financial performance of wineries located across Australia for the 2007 financial year, and is based on individual financial results and information provided by wineries to Deloitte.

Deloitte Partner and leader of the Deloitte Wine Industry Group, Mr Stephen Harvey said, the low yielding 2007...

In order to help cover the burning questions for some of Australia’s 42 universities and its higher education facilities; to add to their own learning and professional development opportunities; and to grow Australia’s knowledge economy in general, Deloitte has invited academics, politicians and leading educationalists to take part in the summit and...

Previously with BearingPoint, the three partners join an additional 60 Information Management consultants of varying levels that Deloitte has recruited over the last six months in Australia, bringing Deloitte’s Information Management practice to a total of 140 people.

Gerhard Vorster, Managing Partner of Consulting at Deloitte said, “Our Consulting practice has grown by over 40% in the last 12 months...

In total, 90% of all funds raised and 75% of all IPOs occurred in the first half of the year.

Preliminary figures released from Deloitte Corporate Finance’s Annual IPO Report for 07-08 found 199 IPOs listed in the year to 30 June 08, down from a record 221 in the previous year. The total value of funds raised from IPO investors almost halved from $10.5...

Mr Greig stated that it became apparent that the terms of the Deed of Company Arrangement (DOCA), as accepted by creditors in January 2007, were not capable of being successfully completed because of the difficult trading conditions being experienced by the business.

The Brothers Neilsen Directors requested that a meeting of creditors be held to vary the terms of the DOCA. In the accompanying report to...

Simon Wallace-Smith, Deloitte Corporate Reorganisation Group partner, informed the creditors that   there continues to be strong interest from four parties to buy the Mildura-based group.

“What is also encouraging is that there continues to be very strong support from the customers and suppliers.  They all understand the important services that Wakefield Transport provides to the region and wish to see an outcome...

Deloitte banking and finance specialist Phil Hardy said, “The industry believes that a holistic approach recognising the needs of consumers for investment and credit product advice is critical, firstly to ensure consistent consumer safeguards, and secondly to promote a...