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Ceasing a Director On 9 February 2021, ASIC announced that from 18 February 2021 there are new requirements when ceasing a company director in accordance with the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 which was passed by Parliament in...
The interplay between family law and insolvency is the subject In Focus. The Family Law jurisdiction is often characterised by high emotions and delays inherent in the system. This article may assist in identifying mechanisms available in the corporate sphere which...
Are you eligible for JobMaker Hiring Credit? To encourage employers to create new jobs for young job seekers aged 16 to 35 years, the Government has legislated the JobMaker Hiring Credit scheme. Under the scheme, eligible employers will be provided with a weekly...
The Corporations Amendment (Corporate Insolvency Reforms) Bill 2020 were passed by Federal Parliament on Thursday 10 December 2020. The reforms included in the bill are intended to take effect on 1 January 2021 to assist with the economic impacts of COVID 19 and to...
NSW Land Tax and Discretionary Trusts Deadline: 31 December 2020 If either of the following applies to you, you need to act now; You have a discretionary trust that owns residential land in New South Wales (NSW); and/or You have a discretionary trust that holds an...