Published on 05 Oct 1999
| Took place at Menzies Hotel
The Ralph Report has indicated changes to small business Tax and its systems, CGT as well as implications for the 'big end of the town'. This seminar will bring you the experts in the field who can give you a clear snapshot of what needs to be addressed now nd what will be deferred as well as the topical issues.
Get a 20% discount when you buy all the items from this event.
Author(s): Roan FRYER It has been said, on the whole, John Ralph and his committee must have been disappointed with the government response to their report. The centrepiece of the report is the shift of the basis of business taxation to cash flow and the tax value of assets, and this has been put off for further consultation. The Government has taken a piecemeal approach to the recommendations, and while there is to be significant change to the tax system in Australia, it is not the wholesale change envisaged and recommended by John Ralph. However, the Government has taken up the small business measures recommended by the Review, including the Simplified Tax System and Capital Gains Tax reforms
Author(s): Gordon S COOPER The proposed changes to the CGT regime generally are to be welcomed. This paper endeavours to provide an outline of the CGT changes proposed by the Government, and tries to illustrate the practical implications. It considers the topics of : general changes, individuals, superrannuation funds, companies and trusts, partnerships, capital losses, small business concessions, scrip for scrip roll-over relief, depreciable assets, venture capital, and international.
Overview of the Ralph Report and the government response
Author(s): Fiona HALSEY A very detailed response by the government of the Ralph Report. It is noted that very few changes suggested by the report will go through without amendments, dates are also noted.