Australia's Federal Budget 2015-16 is here. Download the report, watch the video overview and explore additional insights.
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Are you aware of the latest rates and thresholds that will affect your FBT liability? Click for a summary of the latest rates and thresholds for the year ended 31 March 2015.
In a family business, owners sometimes fail to develop formal programs to groom the next generation’s management team and believe the skills will transfer automatically.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 2.3% for the average Australian dealer in September 2015.
In August, the average dealer’s profitability dropped away slightly, driven by an increase in expenses per new vehicle sold, to reach 1.6% for August. This was measured at 0.6 percentage points below the YTD NP%S for August of 2.2%.
Dealer profitability as measured by net profit as a percentage of sales (NP%S) was 1.8% for the average Australian dealer in July 2015 and 2.5% for the calendar year-to-date (YTD).
Deloitte will again be teaming with AADA to attend a study tour of the National Automotive Dealer Association Convention in 2016. This year the event moves to Las Vegas from March 31 to April 4 and we are seeking interest to attend the tour group. Register your interest early to guarantee your place.
Date: October 8 - 9th 2015 Accounting theory in the context of dealership financials and department transactions.