Every one of us in business has at some point had to deal with a slow or poor payer. The issue here is that the only one suffering is the one that’s owed the money – you! I want to [...]
Following the passage of the Treasury Laws Amendment (2018 superannuation Measures No.1) Act 2019, from 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (‘SG’) from some of their employers, to help [...]
The Buy Now Pay Later sector is winning-over the youth demographic with the promise of instant gratification, but leading mortgage brokers are warning that with every sugar-high comes the risk of a corresponding low. ‘Buy Now Pay Later’ providers such [...]
There has been some confusion regarding the Low and Middle Income Tax Offset (LMITO) so we wanted to clarify a few things. The Low and Middle Income Tax Offset (LMITO) is to help low and middle income earners lower the [...]
ATO safe harbour for ‘work-horse vehicles’ Eligible commercial work vehicles are exempt from FBT where any private use is limited to either: ‘work-related travel’ of an employee (including home to work travel); and Any other private use by the employee [...]
What constitutes a going concern? We were recently asked to provide advice on the potential sale of a family’s commercial property. The query asked ‘what constitutes a going concern and whether a vacant tenancy requires a partial payment of GST’. [...]
Small business tax tips for 2018 Small businesses may be eligible for a range of tax benefits. We have put together the following tax tips to help small businesses. Maximise depreciation deductions If you have a turnover of less than [...]
Federal Budget Highlights 2018-19 A budget to strengthen the economy, create jobs and cut taxes was the promise of this year’s Federal Budget. We have put together some of the tax and superannuation Federal Budget highlights, that may be of [...]
Same-sex Marriage And Your Will By Alison Hiscocks - Hiscocks Lawyers The amendments to the Marriage Act 1962 (Cth) legalising same-sex marriage came into effect on 9 December 2017. As a result of these amendments, the wording defining marriage was [...]
Protecting an Inheritance from a Family Law Claim By Alison Hiscocks - Hiscocks Lawyers You may have made a Will and think that you have done all you can to provide for your children after your death. But what happens [...]
