Introducing this year’s Federal Budget

Introducing this year’s Federal Budget Download our Federal Budget 2020-21 Report On 6 October 2020, the Treasurer, Mr Josh Frydenberg, presented the COVID-19 delayed 2020-21 Federal Budget. The Budget was directed at promoting spending, at a personal, business and government level to creating jobs.  There were many positive business measures, particularly [...]

2020-10-07T15:12:09+11:00October 7th, 2020|

In Focus: Casual v. Permanent

In Focus: Casual v. Permanent In this edition of In Focus, we look at the distinction between casual and permanent employment and the position of the employer on entitlements if a casual employee is subsequently characterised as a permanent employee. Read IN FOCUS - Casual v. Permanent If you have questions [...]

2020-09-30T14:09:45+10:00September 30th, 2020|

Business Update September 2020

Business Update September 2020 Download Business Update September 2020. Economic stimulus programs and how they relate to you continue to be the key focus in this Business Update. We include: further clarification around JobKeeper 2.0’s decline in turnover test the third round of grants and tax relief from the Victorian Government [...]

2020-09-18T12:07:53+10:00September 18th, 2020|

Extension to insolvency protections

Extension to insolvency protections On 7 September 2020, the Federal Government announced that the temporary changes to the creditors’ statutory demand and insolvent trading laws have been extended to 31 December 2020. Regulations will be made to extend the changes originally announced in March, from 25 September to 31 December 2020 [...]

2020-09-10T17:38:45+10:00September 10th, 2020|

Binding Orders on Rent Relief coming for Victorian Landlords

Binding Orders on Rent Relief coming for Victorian Landlords The Victorian Government has released the COVID-19 Commercial and Residential Tenancies Legislation Amendment (extension) Bill 2020. The Bill introduces greater powers for regulations to be made to deal with rent relief disputes. In particular, to allow for binding orders to be made [...]

2020-09-22T12:22:55+10:00September 8th, 2020|

In Focus: Advisory Boards A fresh set of eyes

In Focus: Advisory Boards A fresh set of eyes Following on from our recent series of articles with respect to shadow directors and the distinction between directors and professional advisors, this edition of In Focus reviews the concept of the advisory board. Advisory boards have become increasingly prevalent over the last [...]

2020-08-20T18:13:45+10:00August 20th, 2020|

Land tax relief for Victorian landlords

Land tax relief for Victorian landlords Landlords of residential and commercial properties who provide a 50% or more outright rent waiver of at least 3 months’ rent to eligible tenants can claim a 50% waiver of the property’s 2020 land tax and defer payment of the remaining tax to 31 March [...]

2020-08-20T16:35:35+10:00August 20th, 2020|

JobKeeper: More employees from 3 August? Your must do

JobKeeper: More employees from 3 August? Your must do On 21 July 2020, the Government announced that the JobKeeper Payment would be extended until 28 March 2021 to provide further support for COVID-19 affected businesses and households, with tightened eligibility rules and lowered payment rates, from 28 September 2020. As part [...]

2020-08-20T16:33:16+10:00August 18th, 2020|

In Focus: Special Purpose Liquidations

In Focus: Special Purpose Liquidations In this edition of In Focus, Hall Chadwick Partner Blair Pleash explains the role and application of Special Purpose Liquidations given certain scenarios and consideration of Section 447A of the Corporations Act. Read In Focus August 2020. If you have questions about this topic,  please contact [...]

2020-08-13T14:29:35+10:00August 13th, 2020|

More detail on extended support for Victorian businesses

More detail on extended support for Victorian businesses Today the Victorian Government said it has processed an additional $120 million in the second round of the Business Support Fund. This includes: Businesses in Melbourne and Mitchell Shire may apply for support up to $10,000 Businesses in regional Victoria may apply for [...]

2020-08-11T16:49:46+10:00August 11th, 2020|