Recent News
Concerns with Capacity? It may not be too late to make a Will
Often, we talk about assessing client’s capacity and it is widely known that a person must have “capacity” to make or change their Wills. Some people, either because of conditions such as dementia or intellectual disabilities or even illness, do not have capacity to...
Small Business – Time to consider your structure…
In March 2016, the Tax Laws Amendment (Small Business Restructure Roll-over) Act 2016 received royal assent. So, what does this mean? If you are a small business, that is, your turnover is less than two million dollars ($2,000,000.00) annually you may meet the...
Family Estrangement and your Will
For some, it is difficult to understand why an adult of full capacity cannot choose to whom they leave their Estate. We hear often of stories of family disharmony, where there has been a falling out in the family and the relationship is estranged. However, having a...
Supervision of Children and the Law
In 2015 Australia has seen a 30 per cent increase in drowning deaths of children under the age of five according to the Royal Life Saving Society’s annual drowning report. Of the 271 deaths due to drowning 26 were of preschool age. Most of these young children drown...
2016 Small business income tax offset
As we all know that the government has introduced new rules to benefit small businesses, such as the $20,000 instant write off for a business asset. In the 2015-16 financial year, another benefit for certain small businesses has been introduced, which is called ‘small...
Be prepared if going it alone
GOING to court without legal representation is daunting for anyone who is not familiar with the law or the court processes. There are many reasons you may find yourself before a court including disputes over debts, with a neighbour, family law matter, a contested will...
Planning to catch that End of Financial Year bargain?
How many of us see these fantastic flashing advertisements on the television, pushing products to be brought before the end of the financial year in order to receive a “Tax Bonus” or “Tax Saving”? Products from health insurance to motor vehicles are aggressively...
Local Laws can result in heavy fines
The Sunshine Coast Regional Council Local Laws (Local Laws) contain laws that regulate certain activities on Council controlled or owned land and impose offences where a person undertakes those activates without approval or without a required permit. Where an offence...
ATO’s Audit Targets
Recently, the ATO has updated new audit targets to maintain the health of the tax systems, and make sure that all taxpayers pay their fair share. There are a lot of taxpayers mistakenly claiming their deductions or trying to evade paying tax. Some of the areas that...
Five Points to Remember Before Selling Your Property
Engage the services of a conveyancer or lawyer with experience and expertise in property matters. Through your conveyancer or lawyer, you will be able to order Government searches in relation to your property, which are needed to complete the necessary sale and...
Shares vs. Super
Investment advisor’s are predicting older Australians’ will be moving savings to the share market to boost their income. This will come after the official interest rate was slashed to a record low of 1.75 percent this month, and is predicted to go even lower come...
Small business and unfair contract terms
In November 2015 the Treasury Legislation Amendment (Small Business and Unfair Contract Terms) Bill (“the Bill”) was passed by the Federal Government. The new law amends the Australian Securities and Investments Commission Act 2001 and the Competition and Consumer Act...
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