Commercial tenants unable to pay rent and landlords unable to meet mortgage repayments, many are suddenly finding themselves in an unexpected dilemma
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Will you get $1,500 per fortnight for each employee under the Jobkeeper scheme? Which employees will it cover?
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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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