The Rudd Government did not take up the recommendation from Dr. Henry's tax review for charities to lose key FBT and GST concessions. His argument was the businesses that not-for-profit operate for the purpose of generating a surplus should not receive the GST exemption and the staff of such businesses should not receive the exemptions up to a value of $15,000 on a FBT items in their salary package. The government did not take up any of these recommendations.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...