Its finally arrived! The ATO’s alternative decline in turnover test was released yesterday, 23 April 2020. We have all the answers here.
Read More
Commercial tenants unable to pay rent and landlords unable to meet mortgage repayments, many are suddenly finding themselves in an unexpected dilemma
Read More
Will you get $1,500 per fortnight for each employee under the Jobkeeper scheme? Which employees will it cover?
Read More
Both the Federal and NSW Governments have now passed laws in support of their stimulus packages to address the economic impact of the COVID-19 pandemic. The laws provides substantial measures for small and medium enterprises including..
Read More
On 24 January 2020, the Court ordered penalties against Geowash, the director and the franchising manager. The focus of this article is about how directors can be personally liable when a company breaches the law.
Read More
In the wake of the Banking Royal Commission, the Franchising Inquiry and the CBA Prudential Inquiry, the regulators have been given their orders and with them, the powers to investigate anyone of interest from businesses, big or small.
Read More
While businesses are starting to pay attention to the PPSA, many are not getting their compliance systems and processes right and are paying a (very expensive) price for getting it wrong.
Read More
From 1 July 2019, Australian consumers and small businesses will be able to lodge complaints with the Australian Financial Complaints Authority (AFCA) about the conduct of financial firms dating back to 1 January 2008 but complaints must be lodged with AFCA between 1 July 2019 and 30 June 2020. After this 12 month period, AFCA will no not be able to accept legacy complaints.
Read More
From 1 July 2019, the financial reporting thresholds for ‘large’ proprietary companies have increased. A proprietary company will be considered ‘large’ if it meets the new criteria conditions.
Read More