The ATO has released draft taxation determination 2018/D3, outlining their view that a trust split potentially triggers CGT consequences (CGT event E1). ...
The ATO has released draft taxation determination 2018/D3, outlining their view that a trust split potentially triggers CGT consequences (CGT event E1).
Cooper Grace Ward recently acted for a trustee of a self-managed superannuation fund in an application to the Supreme Court of Queensland in relation to the ability to pay a death benefit from the SMSF.
The new chain of responsibility regime involves three separate pieces of amending legislation. So, what does each piece of legislation do?
On 24 July 2018, the Owner Driver and Forestry Contractors Amendment Bill 2018 was introduced in the Victorian Parliament in response to a government review of the Owner Drivers and Forestry Contractors Act 2005 (Vic). The review found widespread non-compliance with the Act by hirers and freight brokers. The Bill
The National Transport Commission launched the new edition of the Australian Dangerous Goods Code on 1 July 2018. The new edition contains changes aimed at reducing the burden on industry when transporting low-risk items and bringing the Code into line with new United Nations transport requirements.
The National Heavy Vehicle Regulator has commenced public consultation on a draft Master Industry Code of Practice developed by Trucking and Supply Chains Limited, a jointly owned company of the Australian Logistics Council and Australian Trucking Association. Once approved and registered, the Code will set industry standards to assist parties
In a recent decision, the Tasmanian Supreme Court increased the penalty imposed on a transport operator four-fold after finding that the operator had a ‘cavalier attitude to compliance’.
We have had a busy period dealing with the changes to superannuation that have applied from 1 July 2017. The Budget made changes to pensions, commuting pensions, withdrawing money from superannuation and updates to trust deeds. All of these changes can have quite significant implications on the effectiveness of a
Injured workers often apply out of time for review of insurers’ decisions in statutory workers’ compensation claims on the basis of ‘special circumstances’. But what really constitutes ‘special circumstances’? A recent Court of Appeal decision clarifies the position.
Infidelity is one of the most common causes of marriage breakdown. Deciding whether to stay together or separate is a difficult and confronting experience, and there are many support services available to help you. As part of that process, you should also consider obtaining family law advice about your rights
Contrary to popular belief, transactions involving cryptocurrencies such as bitcoin are not always anonymous. The ATO is set to audit transactions involving cryptocurrency in the coming months.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.