We all have something to hide… even YOU!
Take back your privacy (or at least some bits of it…) with these easy to use utilities.
ICOs – Infinitesimal Chance Of Success. Or in plain-English, simple theft.
Before investing in a crypto-coin of any variety – you must ask yourself at least these two questions.
The Personal Property Securities Register (PPSR) in a nutshell
The Personal Property Securities Act (PPSA) is the legislation that governs everything about security interests in personal property, which is almost all property that is not land.
The broad purpose of the PPSA is to create a system for the registration of security interests, which is searchable by anyone and which can then be enforced against other parties. This register has been formed as the Personal Property Securities Register (PPSR).
Why are company ‘tax cuts’ anti-Australian and next to useless?
We are not advocates of higher taxes. But, we are advocates of honest tax policy. So read ‘company tax cut’ as essentially a reduction in Australian tax on foreign investment. Full stop.
What is an unpaid present entitlement or ‘UPE’?
If you have a discretionary family trust, then chances are your accountant has mentioned ‘unpaid present entitlements’ or ‘UPEs’. No doubt you have just nodded wisely, but deep down, do you really know what this means?
Individual Flexibility Agreements: Bending Backwards Without Bending The Rules
You may have noticed that ‘flexibility’ has become the new buzz word for Australian workplaces. Most of the popular focus has been on the benefits that flexibility provides to workers, rather than employers. As an employer, you may only just be keeping up with all of the day-to-day issues that come with employing someone such […]
Are you about to pay off your SMSF ‘limited recourse borrowing’ loan?
If you are about to pay off your limited recourse borrowing loan (or have recently done so), you are probably wondering what to do next. You might want to simplify your super fund investments and wind up the custodian trust. Or you might be planning your next property purchase. In this article, we answer the […]
What happens when someone leaves a partnership?
There are many misconceptions about what happens when someone gives notice to leave a partnership. Often, the other partners want to ‘continue’ the partnership, and they will immediately begin to treat the departing partner as an ‘outsider’. While this may feel correct to the continuing partners, this is not how the law sees things. Read […]
Yes, you do need a testamentary trust
Most people who advise on testamentary trusts talk about the ‘tax benefits’. This emphasis is plain wrong. Why? Because, a simple Will (without a testamentary trust) is more likely to do harm, and to lead to family disharmony, than one with a testamentary trust.
What happens to a gift in your Will if you no longer own the asset when you die?
A gift of property that is no longer in your estate when you die automatically ‘fails’ (or ‘adeems’). This rule can lead to unfairness and unintended consequences.