Tax avoidance (sometimes referred to as tax minimisation) and tax evasion are two very different things in the world of tax and these terms are often confused.
The number one topic that employers have trouble with, according to Employsure Australia, is their obligations relating to wages. Modelling released in 2019 by consulting firm PwC
With the end of the financial year rapidly approaching, it is critical that small businesses have their financial and business affairs in order. We’ve put together a quick checklist addressing
A personal guarantee is a promise that is usually provided by a director of a company, making the director personally liable for the payment of money or compliance
Under the Programme, liquidators of companies, to which advances have been made under the FEG, will be eligible to apply for litigation funding to pursue recovery
In 2018, the new ipso facto regime was introduced in Australia and now applies to any contracts entered into since its introduction. Many people are unaware that ipso facto
Many individuals and businesses often find themselves in challenging situations where they have provided goods, services, or loaned money, only to face the frustration of
A Director Penalty Notice (DPN) represents a formal notification directed at a company director, issued by the Australian Tax Office (ATO). As a result of a DPN, a director may
In setting up a family trust or other trust structure, a person known as the ‘settlor’ appoints an individual or a company as the trustee, which can be used as
Someone once said you shouldn’t mix business with pleasure. Although they probably weren’t talking about taxation, the adage holds true for activities that have the potential to bring in
Force majeure provisions may come into effect if a circumstance(s) beyond the control of a party to a contract arises. The provisions enable a party to a contract to escape liability
The Personal Property Securities Amendment (Deregulatory Measures) Act 2015 (Deregulatory Measures Act) is an amendment to the Personal Property Securities Act 2009