ONLINE FRAUD

Online fraud, due to its increasing complexity and sophistication, is becoming an ever-growing problem for individuals and businesses. In order to tackle online fraud effectively, the awareness of online fraud detection should be highlighted and the prevention methods must be advanced with the times. The most common types of online fraud are as follow: Identity … Continued

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TAX IS AN EXPENSE NOT AN IMPOST

A different view? Having a tax liability means one thing – you have made a profit, because tax is paid/payable on profits. Be happy with that. Dividends are paid from after tax profits. You basically can’t pay a dividend if you have no profits. If you pay tax you can pass on the imputation to … Continued

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THE NEED TO LEAD

Every form of media these days is full of information, stories and the like propounding the importance of leadership in the modern environment, particularly when it comes to business.  Certainly it is very fair to say that any business will not survive without a leader, but varying on the business, (industry, size and role), there … Continued

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50 Years!

Marjorie Pozzan, a long term friend of the Firm, was awarded her certificate for 50 Years of membership with the CPA Australia on 17th April 2018, Schon was privileged enough to have been personally invited by Marjorie to attend the ceremony. Schon has known Marjorie for over 40 years and remembers Marjorie as the first … Continued

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CONDON IN THE COMMUNITY

On Friday 9th March the drums were beating on Condon Associates office balcony and all for a very good cause.  A wonderful lady named Ruth Magodo is raising funds to send young adults to Africa in hope that they will appreciate how lucky they are to call Australia home. At the last minute Ruth was … Continued

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IS YOUR BUSINESS’S TAX DEBT UNDER CONTROL?

As originally proposed in the 2016-17 Mid-Year Economic and Fiscal Outlook, the Federal Government has released draft legislation that would allow the Australian Taxation Office (ATO) to disclose overdue tax debts to credit reporting agencies, when certain conditions are met. Public consultation on the bill and the explanatory memorandum for the bill took place from December 2017 … Continued

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