Our Blog

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...

Changes to Transition to Retirement Pension

A transition to retirement pension or income stream is where you are able to access part of your superannuation while you continue to work. Essentially, this pension income stream assist individuals who were cutting back on their hours, they are generally in their...

Vulnerable Beneficiaries

Providing for a vulnerable beneficiary under your Will can be difficult and requires careful consideration. What is a vulnerable beneficiary? There is no legislative definition for a vulnerable beneficiary. Examples of a vulnerable beneficiary would include: a...

Similar Business Test

Legislation was introduced into parliament proposing to relax the loss recoupment rules by introducing a more flexible Similar Business Test from 2017. Businesses that have changed ownership and fail the Continuity of Ownership Test (COT) can now access past year tax...

Budget Changes support a brighter retirement

With tax cuts grabbing most of the attention in the May 2018 Budget, some quiet tweaks to superannuation and retirement income were drowned out in all the noise. But these small changes could have a big effect on the amount of money that ends up in your nest egg when...