Our Blog

Are you under the ATO’s audit microscope in 2018?

The Australian Taxation Office (ATO) and Federal Government have become concerned about the level of compliance in cash-based industries and there have been further developments in this area. In particular, the ATO and Federal Government have extended the taxable...

When can you take your super?

The cash sitting in your superannuation fund can be tempting, particularly if you are short of cash. But, the reality is there are very few ways you can take advantage of your superannuation once it has been contributed to the fund – even if you change your mind. The...

Trustee Safeguards

Have you been appointed a trustee? Are you uncertain about taking a particular course of action on behalf of the beneficiaries or unitholders? Then you may wish to seek judicial advice from the Supreme Court of NSW. Judicial advice generally involves a determination...

New Reporting Requirements for Cleaning and Courier Industries

The Black Economy (also known as ‘Cash’ Economy) in Australia is a complex and growing economic and social problem.  The  Australian  Bureau  of  Statistics  estimated  that  the  Black  Economy  in Australia could be as large as 1.5% of Australia’s GDP, or around $25...

Family & domestic violence leave

Most employees can take unpaid leave to deal with family and domestic violence, following a Fair Work Commission decision. The Fair Work Commission has updated all industry and occupation awards to include a new clause about family and domestic violence leave. This...

$10k limit on cash payments to business

One of the interesting approaches to tackling the black economy in the recent 2018-19 Federal Budget was the announcement of a $10,000 limit on cash payments to business. Unrecorded and untaxed transactions that occur in the community are estimated at up to 3% of GDP...

Do you have a Shareholders Agreement ?

Safeguarding Your Business Are you starting a new company or business? Or expanding an existing enterprise? If so, it is vital to have in place an Agreement with your shareholders. Your Shareholders Agreement should specify the future conduct of shareholders to...

Residential Retirement Village Contracts

If you or a loved one are considering entering into a retirement village contract, you need to be sure that you have all the information available to make a considered decision. Retirement village contracts are complex and deal with a multitude of issues including the...