The Simplified Pooling Arrangements

From the 2013 income year the small business entities (SBE) capital allowance rules were amended to make the SBE pooling arrangement simpler. A SBE is a business (including the individual, partnership, company or trust) that carries on the business activity with...

Division 7A and Divorce

The ATO recently released draft taxation ruling TR 2013/D6 which deals with certain income tax consequences that may arise where, as a result of the Family Court ordering that interests in property be altered upon the breakdown of a marriage, money or other property...

Copyright in the Building Industry

Given the rise in copyright infringement claims and growing fears builders are experiencing when investing in designs and plans, confusion has simultaneously arisen as to what copyright actually is. Copyright claims arise under the ambit of the Copyright Act 1968...