by epoch | Oct 31, 2017 | eNews
Legislation restricting access to the small business company tax rate reduction entered Parliament last month. The changes specifically preclude companies with passive investments such as rental property income from qualifying for the small business entity tax rate of...
by epoch | Oct 2, 2017 | eNews
The 1 July 2017 superannuation reforms introduced a new reporting regime for funds. Funds now need to advise the ATO of key events within the fund that impact on retirement income streams (pensions): When you start a pension When you stop a pension or take a lump sum...
by epoch | Oct 2, 2017 | eNews
Franchisors and holding companies could be held responsible if their franchisees or subsidiaries don’t follow workplace laws. The Government has stepped in to protect workers following months of controversial headlines uncovering poor record keeping, questionable...
by epoch | Oct 2, 2017 | eNews
Australia’s insolvent trading laws impose harsh penalties on directors of companies that trade where there are reasonable grounds to suspect that the company is insolvent. Criminal and civil penalties can apply personally including penalties of up to $200,000,...
by epoch | Sep 5, 2017 | eNews
The issue of Director’s fees often comes up – should we pay directors, how to pay, and if we do pay fees how should they be paid? I answer the common questions for private companies. Can you pay a Director? Directors who work in the company, executive directors, would...
