The QRO has released public ruling PTAQ000.6.1 Relevant contracts – medical centres, setting out the State Commissioner’s view of the application of the relevant contract provisions to medical centres, including GP clinics, dental clinics, physiotherapy practices, radiology centres and similar health care providers.
The Treasurer has announced that fees payable for applications to the Foreign Investment Review Board (FIRB) will double from 29 July 2022.
In this edition of ‘It depends’, graduate Steven Cawood talks about what is required in order to resign as a director of a company.
In this edition of ‘It depends’, partner Clinton Jackson talks about director identification numbers. He covers when you need one, how to apply and what’s changed in establishing companies.
A director identification number is a unique identifier that will be used to confirm a director’s identity and trace their involvement in the operation of companies.
Following the April 2019 budget, the ATO looks set to secure an additional $1 billion in funding to tackle tax avoidance. We have recently seen the ATO move its audit activity towards arrangements that many advisers consider to be sensible commercial tax planning rather than tax avoidance.
Often private companies are collectively owned by families, friends or close business associates who, at incorporation, saw little need to enter into stakeholder agreements to provide them with access to company information.
Discretionary trusts can produce nightmarish consequences for creating payroll tax groups.
State revenue authorities have been raising payroll tax assessments for subcontracting arrangements – by using the broad scope of the employment agent provisions.
When a lessee fails to comply with a notice to remedy a non-payment or other lease default, the lessor may be entitled to terminate the lease and retake possession of the property. This is commonly done by changing the locks.
On 29 April 2016, the Federal Government released a Proposals Paper titled ‘Improving bankruptcy and insolvency laws’.
The full Federal Court recently considered whether a dividend access share was a debt or equity interest. The majority concluded that the particular share was a debt interest – as a result, there was no entitlement to franking credits.