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Urgent Alert Australian Businesses – Are you ready for PPSA?
The Personal Property Securities Act (“PPSA”) will come into effect early in 2012. This legislation is very important and you need to act now. It will dramatically alter the way…
Read moreEmployee vs Contractor
I have recently had a number of clients query as to whether they can hire people as a contractor rather than a employee. The difference is substantial and the consequences…
Read moreCapital Gains Tax and Life Insurance Policies in Business Wills
I was recently asked to give a presentation for Business and Estate Planning Specialists. This company specialises in selling risk insurance for businesses and individuals. They had asked that I explain…
Read moreWorking Safely From Home
I recently read an interesting article in the Financial Review on the hidden costs of working from home. The article by Fiona Carruthers detailed the problems which Telstra faced just…
Read moreKey Personal Capital Insurance and Capital Gains Tax
I recently was invited to speak at the Business and Estate Planning Specialists annual conference in Cairns. One issue raised, was whether there was any way to limit exposure to Capital…
Read moreWhat is a Business Will? Here is the answer!
I recently met with a client and their Accountant to discuss some business succession issues. One of the questions I asked was what happens to the business if one of…
Read moreWork Health and Safety – Company Directors Getting Ready for the New Laws
Australia has 10 different laws relating to Occupational Health and Safety. This will change on 1 January 2012 with the introduction of the Work Health and Safety Act. The Federal…
Read moreThe Personal Property Securities Act – important changes for businesses supplying goods on credit
Businesses and individuals that provide finance secured by personal property, or who supply goods on a retention of title (ROT) basis, should be aware of the introduction of the Personal…
Read moreCorporate Governance and Directors Duties
I recently met with a client who was the sole director of a company turning over in excess of $10 million dollars. There were 9 shareholders in total, with my…
Read moreBusiness Wills – Failing to Execute
I recently spoke with a colleague who relayed a tale of woe about a business owner he knew who passed away recently. About 5 years ago the deceased (Partner A)…
Read moreAsset Protection for your Business
I was recently invited to sit on Your Business Panel. The panel was put together with the objective of assisting business owners by providing expert advice from different professions, in…
Read morePartnerships – Breach of Duty
I recently was involved in a case where I acted for a partner of a business (90% ownership) who had experienced considerable angst when the other partner (owning a 10% interest)…
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