The rules around the CGT exempt for the principal place of residence is one which can trip up the most well planned structures. Asset protection generally means that the family home may not be owned individually, this can mean that the general
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Recent announcements have confirmed that the FSRA exemption which applied to accountants providing SMSF advice will conclude 30 June 2016, if the past is anything to go by, accountants would be best suited to make the transition early, get the relevant processes
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The recent meeting of the Ministers for Consumer Affairs have noted that they will commence accepting submission about extending the unfair contract terms within the Australian Credit Laws to business to business contracts, the consequences of this would be significant for both
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We recently had a situation where a client had his website taken back by their web designer due to a dispute over fees. The contract which was prepared at the time of the design of the website clearly stated that it belonged
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Coming into Christmas a number of small businesses suffer the problems of slow payments and additional stock purchases to cover the Christmas break. The number of businesses which fail over this period is considerable especially where cash flow hits hard. We recently
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ASIC have flagged that they intend to increase surveillance of the micro lending industry and will be targeting unregulated and unlicensed operators. This should be the warning for businesses which continue to operate outside of the Regulatory regime, the consequences of operating
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