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SYDNEY-Wednesday 27 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- From 1 July 2018, online retailers must start collecting Goods and Services Tax (GST) on goods sold to consumers in Australia valued at A$1,000 or less. This applies to international retailers if they have a GST turnover of A$75,000 or more in a 12-month period.

A simplified system is available for businesses to register, lodge and pay Australian GST. Retailers using this system will only need to report Total Taxable Sales and GST, and pay once each quarter.

The Australian Taxation Office (ATO) will continue to offer full support to help retailers that are taking reasonable steps to comply. ATO Assistant Commissioner Kate Roff said this includes helping retailers navigate the collection and remittance process.

“Any businesses that are having difficulty meeting their obligations should contact the ATO as soon as possible,” Ms. Roff said. “Businesses that do the right thin ... Read more »

Views: 21 | Added by: africa-live | Date: 06.29.2018

LAUSANNE, Switzerland -Thursday 28 June 2018 [ AETOS Wire ]

Parallax Development Corp. (“Parallax”) and Philip Morris International (“PMI”) will join forces to develop innovations in alternative nicotine-delivery platforms.
Parallax is a start-up co-founded by two leading Canadian pulmonary physicians focused on developing an inhalable nicotine product to provide less harmful alternatives to people who smoke.
PMI’s stated ambition is that one out of three of its current consumers — that’s 40 million men and women who currently smoke — will switch to its better alternatives by 2025.
(BUSINESS WIRE)-- Philip Morris International Inc. (NYSE: PM) takes another step towards a smoke-free future through a strategic collaboration with Parallax, a Canadian-based start-up. The agreement focuses on advancing the development and commercialization of an effective nicotine-delivery system that leverages the most advanced te ... Read more »

Views: 39 | Added by: uaeonlinenews | Date: 06.29.2018 | Comments (0)

LONDON-Thursday 28 June 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The IBC Conference is committed to exploring the changing world of today and analysing the future of the industry. Monday 17 September, the final day of the conference, has an overarching focus on what is next for media, entertainment, technology and all related verticals.

The final day starts with the opening keynote from Impossible.com, an innovation group and incubator founded by Lily Cole and Kwame Ferreira. Lily, Kwame and a multi-disciplinary team spread over different cities around the globe, are using design and technology to solve social and environmental issues and guide global change. The organisation works with like-minded people, producing deep tech and planet centric services and products.

Through mentor support and advice from luminaries such as Jimmy Wales of Wikipedia, Impossible.com has evolved into an ecosystem of problem solving businesses and methodologies. At IBC their sessio ... Read more »

Views: 42 | Added by: africa-live | Date: 06.29.2018