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For as long as you’ve been submitting tax returns, you’ve no doubt been aware that the ATO have processes in place for making sure the income and expenses you’re reporting are true and correct. But wouldn’t you love to know exactly HOW they go about doing this? Well,...

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Bushfire & Disaster Relief

People impacted by the recent devastating bushfires in New South Wales, Victoria, Queensland, South Australia and Tasmania have access to tax assistance as part of the whole-of-government response to the disaster. Approximately three and a half million businesses,...

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Single Touch Payroll: what you need to know

If you haven’t heard of Single Touch Payroll before, it’s a new way of reporting tax and superannuation information to the ATO. With STP you report employees' payroll information – such as salaries and wages, pay as you go (PAYG) withholding and super – to us each...

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How to hide a multi-million dollar yacht

We get it, the weather's cooling down, and Snapper season is just around the corner. So why not look at using your business to invest in that fishing yacht you've had your eye on?Sorry to be the fun police, but here's some news from the ATO: The ATO has recently...

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How Celeste Barber is teaching us about Trust Funds

If you’ve turned on the TV or radio in the last week, chances are you’ve heard about the discussions happening between Celeste Barber’s lawyers and the lawyers representing the RFS. In short, Celeste Barber has raised over $50m in funds to assist the people affected...

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Ethical Dilemmas in Law

As lawyers, it’s our responsibility to uphold the law, but at the same time provide legal representation and advice to a client. In some cases, though, this can be tricky, particularly if the advice being sought goes against the law. We’re often faced with moral and...

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Be Product Aware When a faulty or defective product goes bad

The range of building products currently available on the Australian market is larger than ever before, and growing more every day. This growth (particularly with many products being manufactured overseas) can make it difficult to verify the product quality, and if...

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Employment Law Risk and Compliance Assessment

Industrial relations and employment law in Australia is a complex system which brings together current national and state frameworks as well as transitional arrangements from previous legislation and regulation. Greenhalgh Pickard has developed this checklist to...

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Investing in new property investment in your SMSF?

If you're purchasing new residential property or potential residential land as part of your SMSF investment portfolio, there may be GST considerations to be aware of. History In the May 2017 Federal Budget, the Government announced the withholding obligation. This...

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Why Succession Planning is important for your company

A succession plan is a critical but often overlooked process for companies. In short, a succession plan is a strategy for identifying and developing future leaders at your company, across all levels, and are used to address the inevitable changes that can occur. It...

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