GMK Partners Welcomes New Director Snehal Shah

Leading Melbourne accounting firm GMK Partners is pleased to announce the promotion of Snehal Shah to Director, Business Services bringing the director headcount to 12.

New businesses penalised by proposed new tax

Proposed tax law changes that have already aroused concern among small business owners may also pose serious problems for enterprises that are operated through trusts - a common structure, especially for SMEs and a likely problem for those in start-up phase.

New ATO position on capital gains & trusts but for how long?

The ATO has issued a new Practice Statement (PSLA 2009/7) that will affect the way capital gains made by trusts are treated for income tax purposes.