Australian businesses looking to pay for outsource or offshore services need to be aware of the royalty withholding rules under Australia’s tax laws. For clients that are offshoring and paying a “seat lease” fee which includes rental of office equipment and software, then a payment for some of these items might arguably fall within the ambit of Royalty. As noted …
The 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing
In this blog we look at 8 key advantages of using ad-hoc resources for Australian tax compliance outsourcing. Warning: These are the secrets the “per seat” leasing people would rather you didn’t know… You cut down your overheads by only paying for Actual work done This is the most important factor. You don’t have to pay for all the overheads …
Australia’s Controlled Foreign Companies rules tightened: Bywater Investments revisited
There have been several interesting events in the offshore world recently. As the Panama papers and then the Paradise papers unfolded, it seems pretty obvious that hiding in low or no tax jurisdictions is becoming less cool. It’s relatively easy these days to wake up to find massive amounts of data hacked from secure systems, and not all companies responsibly …
OutsourcingPhobia, shining a light on our Australian tax Compliance fears
We were looking through the phobia list the other day, which is pretty massive in itself, and decided it was about time that we put a name to the fear of outsourcing. It’s often been said that half of the journey involves shining a light on the fear, and with understanding comes an ability to work through that fear. So …