Assets

Surplus Assets in Business Valuations

by Arnold Shields 18 January 2010

As part of the process of valuing a company, we revalue the balance sheet of a company from book value to market value and then separate the assets and liabilities of the company into three categories:

Business Assets and Liabilities
Surplus Assets & Liabilities
Financing Liabilities

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Ongoing Timbercorp payments: Tax deductible?

by Gavin Bateman 2 December 2009

If I continue to make payments under the agreements, will these expenses be tax deductible? Taxpayers who invested in either a Timbercorp or Great Southern managed investment scheme are now well aware of the fact that: Timbercorp was originally placed into voluntary administration and is now in liquidation; and Great Southern was also placed into voluntary administration with several of [...]

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Holiday Home into Superfund – Financial Planning Litigation

by Fiona Bateman 29 July 2009

Another instance of bad financial planning advice that we have come across recently, where the advisor gave advice without any regard to capital gains tax, stamp duties, income tax and superannuation fund regulations.

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Summary of 2009/2010 Federal Budget

by Gavin Bateman 22 May 2009

Summary of 2009/2010 Federal Budget

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