Well the tax that would never come on this watch is, at least, on the table.

Let me first of all put this article into some perspective. My own stance is that I am one with a respect for much of the current findings and research that supports the case for “Climate Change”, acknowledging however that this planet has over its lifetime taken some significant swings from one extreme to another and as a consequence one thing that we mus [ More ]

There have been some recent changes to the legacy afforded by the Sons of Gwalia decision, however, in order to comprehend the reason for the changes, one first needs to understand the context from where the legacy commenced. In order to do so, this matter will be briefly considered from its inception, inclusive of the recent changes.

The Sons of Gwalia matter basically comes down to a decision of the High Court of Australia in January [ More ]

Outsourcing or offshore outsourcing is where an organisation, most commonly a business enterprise, engages an external organisation in a different country to carry out some of its labour intensive service administrative functions, for example, data processing and customer support.

The trend for Australian business enterprises to use offshore outsourcing has grown at an alarming rate since its early beginnings when, by outsourcing IT se [ More ]

The noughties decade is now behind us and I know that many others like myself were very happy to see the end of 2010.  It is hard to believe that the decade evaporated so quickly.

As I write this we are seeing the beginning of the clean up in Queensland, the middle of the flooding in Victoria and the realities of New South Wales Power sell-off.

Regardless of how much everyone was happy to see the end of the last decade, I’ [ More ]

You may recall from one of our recent newsletters about concurrent appointments and when a receiver may be appointed by a secured creditor or the court to take control of some or all of the company’s assets.  A recent Federal Court decision has clarified some previous inconsistencies in the application of Section 433 of the Corporations Act 2001 (Cth) (“the Act”) in respect of employee entitlements for a company in receivership.

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There has been an increase in media attention surrounding the ATO’s toughened stance on prosecuting non compliant self managed super funds (“SMSF’s”) in the last 18 months. This article seeks to explain the reasons behind the Australian Taxation Office’s (“ATO”) crackdown on non complying SMSF’s, the penalties which are imposed on a non-compliant fund and the most common reasons for why a SMSF is marked non-compliant by the ATO [ More ]