The Australian Government Passed Safe Harbour Legislation Written by Linda Cornacchia Recently, the Australian Government has passed new ‘Safe Harbour’ legislation. This is an important change providing useful opportunities for companies when restructuring. The new law means that directors will be able to trade on their company when its solvency is questionable. The safe harbour…
Understanding The PPSR Act In some way, shape or form just about every business comes in to contact with PPSR act. A concern of ours for some time has been exactly what this article highlights, people just do not understand this legislation although it has been around for several years. Please read the article below…
Small Business Restructure Roll-over From 1st July 2016 small businesses, defined as those with a turnover under $2m in the prior year, current year, or following year, have a new tax rollover available when restructuring. Should the Turnbull government be able to get key parts of their budget passed by Parliament qualification for this rollover increases…
QBCC’s New Guidelines For Building Services License Your license could be suspended or cancelled if you do not meet the new minimum financial guidelines and reporting requirements introduced by the Queensland Building and Construction Commission Recently the Queensland Building and Construction Commission (QBCC), formerly the Building Services Authority, (BSA) announced that; effective 1 October 2014,…
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