News Bulletin 7 September 2010

Azure Group in the media: Inside the black economy

Michael Derin comments in the Business Review Weekly magazine about cash businesses that evade their tax obligations and the benefits of being a legitimate business.  

Corporate reporting reform for Companies Limited by Guarantee

Recent changes, which came into effect on 28 June 2010, may affect your company's financial reporting obligations with ASIC. The changes were introduced by the Federal Government with the aim of reducing financial reporting requirements for Australian companies.

Before you pay that dividend … there have been some changes to the dividend payment rules

Effective from 28 June 2010 your company may pay dividends other than out of company profits provided certain requirements are met. We summarise here the old rules, changes to new rules and practical considerations that your company may need to take action to comply with these new changes.