In the 2017-18 Federal Budget the Government announced a series of measures intended to improve housing affordability in Australia. To entice investors, the Government is providing an increase in the CGT discount for individuals who choose to invest in affordable housing. The draft legislation e...
Read MoreTax incentives for investing in affordable housing
Tuesday, October 10, 2017
Safe harbour for directors of struggling companies
Tuesday, October 10, 2017
Australia’s insolvent trading laws impose harsh penalties on directors of companies that trade where there are reasonable grounds to suspect that the company is insolvent. Criminal and civil penalties can apply personally including penalties of up to $200,000, compensation proceedings by creditor...
Read More
Australia’s insolvent trading laws impose harsh penalties on directors of companies that trade where there are reasonable grounds to suspect that the company is insolvent. Criminal and civil penalties can apply personally including penalties of up to $200,000, compensation proceedings by creditor...
Read MoreAlert: What you need to tell the ATO about your SMSF
Thursday, October 05, 2017
The 1 July 2017 superannuation reforms introduced a new reporting regime for funds.
Funds now need to advise the ATO of key events within the fund that impact on retirement income streams (pensions):
When you start a pension
When you stop a pension or take a lump sum
When the fund ac...
Read More
The 1 July 2017 superannuation reforms introduced a new reporting regime for funds. Funds now need to advise the ATO of key events within the fund that impact on retirement income streams (pensions): When you start a pension When you stop a pension or take a lump sum When the fund ac...
Read MoreNew laws hold franchisors responsible for vulnerable workers
Sunday, October 01, 2017
Franchisors and holding companies could be held responsible if their franchisees or subsidiaries don’t follow workplace laws.
The Government has stepped in to protect workers following months of controversial headlines uncovering poor record keeping, questionable workplace practices and exploitat...
Read More
Franchisors and holding companies could be held responsible if their franchisees or subsidiaries don’t follow workplace laws. The Government has stepped in to protect workers following months of controversial headlines uncovering poor record keeping, questionable workplace practices and exploitat...
Read More
.png)