In efforts to tackle employer non-payment of the superannuation guarantee (SG), a new government working group has been established including representatives from the Australian Tax Office, Treasury, the Department of Employment,, the Department of Employment, ASIC and the Australian Prudential Regulation Authority. This working group is expected to release a final report in March which [...]
Uber has recently lost an 18 month battle with the ATO where the Federal Court ruled that Uber ARE a taxi service. What this means is that Uber drivers, whether they are full time or only casual, will have to pay 10% GST to the ATO on top of the 25% commission to Uber. Uber’s [...]
Personal guarantees have become a common part of many commercial transactions, often being provided by company directors and their spouses or relatives. However, in our experience, the extent of such guarantees are often misunderstood and can create unexpected consequences when businesses experience financial difficulty. In extreme circumstances, they can be the cause of relationship breakdowns [...]
