Do you develop Apps and sell them?

The development of an application or app as it is more commonly referred to has created another avenue for individuals to derive income. It seems their is an opportunity for individuals to develop an app for anything, whether it has a specific functional purpose or it...

Unfair Contract Terms and Small Businesses

On 12 November 2016 the Treasury Legislation Amendment (Small Business and Unfair Contract Terms) Act 2015 (Cth) (“the Act”) came into effect amending both the Australian Consumer Law and the Australian Securities and Investment Commission Act 2001 (Cth). The Act...

New reporting requirement for Real Property Transfer

As of July 1 2016 all state and territory revenue collection agencies will be collecting and required to report to the Australian Taxation Office (ATO) information about all transfers of freehold or leasehold interests in real property. Transfers of real property may...

How to Make Sure you are getting paid as a Contractor

If you are working as a builder or independent contractor you will have negotiated a fee for your services and this will form part of your contract. While operating under a contract allows certain level of freedom it is important you are aware of when your contract...

Plan now for the Government’s superannuation changes

Whilst most of the changes to the superannuation legislation, proposed in the recent Federal Budget, take effect from 1 July 2017, it would be prudent to review their impact on your retirement strategy now. Are you 49 and over?  The tax deductible superannuation...