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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IPSO FACTO TO COME INTO EFFECT SOON!

On 28 March 2017, the Australian Federal Government released draft legislation in relation to two major reforms intended to encourage turnaround, restructuring and business rescue. The main focus in this article will be on the operation of ipso facto clauses. These clauses allow one party to a contract to terminate the agreement upon the occurrence … Continued

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WHERE IS PUBLIC TRUST?

As we, as a society, continually move forward we are increasingly being confronted with images, stories, news and examples of situations where the ordinary man/woman in the street beggars for an understanding of – How could this have occurred?   Is this really real or are we just in some big game box and one day … 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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