The Government has made temporary amendments to the Bankruptcy Act and Corporations Act which came into effect on 25 March 2020. These amendments will provide relief for businesses in financial distress during the COVID-19 crisis.
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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..
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The presumption of advancement means that an amount paid by a parent to a child will be presumed to be a gift unless there is evidence to the contrary.
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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.
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The tax laws are being amended with effect from 1 July 2019 to deny tax deductions to individuals, private trusts and SMSFs for costs incurred by them in relation to holding vacant land except in limited circumstances.
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The NSW Government has proposed amendments to foreign person duty and land tax surcharges for discretionary trusts that may require trustees to amend their trusts deeds prior to 31 December 2019.
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Changes are being proposed to duties law, which will have an impact on how landholder duty will be imposed in New South Wales.
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Disputes between co-owners of property can carry on for many years, becoming a significant burden on all parties involved. If you are a co-owner of property, here is how you can protect your interests.
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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.
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