ATO Debts: When are they due and payable?

With the recent increase in debt recovery efforts by the Australian Taxation Office (ATO), many have resorted to negotiating payment arrangements. However, there are some downfalls to such arrangements. The recent decision of Smith v Bone [2015] FCA 389 highlighted...

Development Finance

Are you looking for a loan to finance your development? Finding the right loan can be a tough decision. When it comes to property development or any construction projects, the return on your investments (ROI) is important. How you finance your development can have a...

What is a Preliminary Agreement?

A preliminary agreement is entered into between parties with an intention of concluding a more comprehensive agreement at a later date. From a legal standpoint, there are only two types – those that are legally binding and others that are not. Many industries now use...

Trusts: Hidden Tax Implications when Purchasing Property

Are you looking to purchase a property in the name of your family trust? There are some tax implications if you are not careful. Prior to making any purchases in the name of your family trust you should find out the definition of the vesting date for your trust. This...