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You are here: Home / Archives for News / Taxation

Taxation

Directors’ Liability for debts incurred by Corporate Trustee

Setting up a trust as a business structure is common and has various benefits to businesses. Often, companies are used to act as the trustee of the trust due to the limited liability of corporations. …

[Read more...] about Directors’ Liability for debts incurred by Corporate Trustee

Legal Personal Representatives Liability to the ATO

An Executor who has obtained Probate of a deceased’s Will or an Administrator who has obtained letters of Administration of a deceased person's Estate is required to provide tax returns and other …

[Read more...] about Legal Personal Representatives Liability to the ATO

Child Maintenance Trusts

Pursuant to section 51.50 of the Income Tax Assessment Act 1997 (Cth), child support payments made by non-custodial parents to, or for the benefit of a child, will generally speaking need to be funded …

[Read more...] about Child Maintenance Trusts

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News & Articles

Managing Employees in Australia given the Impact of COVID-19

We stress that due to the unprecedented nature of the pandemic and the very rapidly changing landscape, the guidelines below are general in nature and subject to change. Many of the laws that now apply to this situation were not written with regard to what is currently occurring. Therefore please exercise caution in relying on […]

Temporary Changes to Insolvency Laws in Australia due to the Coronavirus (COVID-19) Crisis

In a move aimed to lessen the economic impact on businesses and individuals caused by the Coronavirus pandemic, the Australian Government has introduced some changes to insolvency laws in Australia that apply to personal and corporate insolvency regimes. This includes a temporary increase to the threshold in which creditors can issue a statutory demand on […]

Coronavirus (COVID-19) Update

Following on from the extensive reporting in relation to the COVID-19 pandemic we have implemented a number of protocols to enable the business to continue operating if a staff member or principal is diagnosed with the virus and/or the office needs to close for a period of time. Our staff and principals have adopted best […]

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