5 ways business owners can accidentally trigger a tax audit
It all starts with a notice from the ATO You are busy running your business, juggling the day-to-day and keeping busy with customers, employees and back-end work. Out of the blue, you receive a letter from the ATO telling you that an audit of your company and business operations has been completed. At the end of the letter, you find a full-course […]
What happens to your Australian tax when you move overseas?
Moving overseas is exciting, but it can also raise important legal and financial questions. We are seeing an increasing number of people leaving Australia to set up business overseas and take advantage of the potential tax benefits that a low-tax jurisdiction brings. Many people assume that when they leave Australia for an extended period, they […]
Budget 2026: Australia is trying to tax its way out of a productivity problem
I don’t normally write about Budgets. That is partly because I ceased to understand how the “Economy” was supposed to work shortly after finishing my Economics/Commerce degree about 30 years ago. But what I do understand is the structures that Australian families and business owners use to protect what they have worked for: the family […]
Worried about legal costs for challenging a Will? A guide for claimants in South Australia
If you’ve been left out of a Will or believe the provision made for you is inadequate, you may be wondering whether you can apply for a greater share of the estate. You may also be worried about what it could cost you to make a claim. Under South Australia’s new Succession Act 2023 (SA) (the Act), people in […]
The governance guide for family businesses part 4: Management and executives
Below is part 4 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 2: Members and owners Part 3: Directors and the board The board sets strategy, members provide capital, but who actually runs the business day-to-day? In family enterprises, management roles […]
The governance guide for family businesses part 3: Directors and the board
Below is part 3 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 2: Members and owners Part 4: Management and executives Becoming a director in your family’s business is a sign of trust, a way to contribute, and the next chapter […]
The governance guide for family businesses part 2: Members and owners
Below is part 2 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 1: Why governance matters Part 3: Directors and the board Part 4: Management and executives As the owner of a family business, you pour your heart, time and capital into building something […]
The governance guide for family businesses part 1: Why governance matters
Below is part 1 of our governance guide for family businesses. To read the other parts of this series, click the links below: Part 2: Members and owners Part 3: Directors and the board Part 4: Management and executives Family businesses are the backbone of the Australian economy, employing millions and generating substantial wealth […]
ADLV Law acts for Solitaire Automotive Group in sale to Autosports Group Limited
We are proud to have advised the shareholders of Solitaire Automotive Group on its acquisition by Autosports Group Limited (ASX: ASG) for approximately $50M. Solitaire Automotive Group are a household name in the South Australian luxury automotive industry, operating 15 dealerships across the Adelaide metro area which generate an estimated $300M annual revenue, their acquisition marks a new era in […]
Rising probate costs: how court fees and legal costs impact estates
Probate filing fees now reach over $17,500 in some states, with rising legal costs adding pressure on executors. Here’s what families and family businesses need to know. The cost of probate is rising When someone passes away, dealing with their estate involves more than just grief and paperwork. Executors must navigate probate – the process of proving a Will […]