In the hope of expanding their businesses and opening up new horizons, many owners of growing companies are both keen and flattered when an experienced industry player shows interest in purchasing a substantial stake their business entity. Oftentimes, apart from the opportunities and prospects that come with a substantial capital injection, the advantages of bringing [...]
As part of the whistleblower protections introduced into the Corporations Act from 1 July 2019, public companies, large proprietary companies, and corporate trustees of APRA-regulated superannuation entities must have a compliant whistleblower policy from 1 January 2020. Among other things, the whistleblower policy must include information about the legal protections available to whistleblowers, and how [...]
Previously, it has been common practice for employees to sacrifice part of their salary or wages to boost their super contributions. In these types of salary sacrificing arrangements, employers have paid the sacrificed amount to the employee’s super fund on their behalf. Salary sacrificing has many benefits in that it provides a: Tax effective way [...]
