by Greenhalgh Pickard | Jul 26, 2016 | Articles, Blog
Tax time is now in full swing with many of you visiting your accounting offices in hope of a decent bonus from a tax return, but there have been many changes in what we can claim and also how. E-Tax is now dead. Long live E-Tax. Its predecessor, MyGov, has now...
by Greenhalgh Pickard | Jul 26, 2016 | Articles, Blog
Division 7A is a part of the tax law that is designed to discourage shareholders accessing money from their private companies, other than by way of those private companies paying them dividends. Division 7A does this by treating certain payments and loans made by the...
by Greenhalgh Pickard | Jul 19, 2016 | Articles, Blog
Often, we talk about assessing client’s capacity and it is widely known that a person must have “capacity” to make or change their Wills. Some people, either because of conditions such as dementia or intellectual disabilities or even illness, do not have capacity to...
by Greenhalgh Pickard | Jul 19, 2016 | Articles, Blog
In March 2016, the Tax Laws Amendment (Small Business Restructure Roll-over) Act 2016 received royal assent. So, what does this mean? If you are a small business, that is, your turnover is less than two million dollars ($2,000,000.00) annually you may meet the...
by Greenhalgh Pickard | Jul 5, 2016 | Articles, Blog
For some, it is difficult to understand why an adult of full capacity cannot choose to whom they leave their Estate. We hear often of stories of family disharmony, where there has been a falling out in the family and the relationship is estranged. However, having a...
by Greenhalgh Pickard | Jul 4, 2016 | Articles
In 2015 Australia has seen a 30 per cent increase in drowning deaths of children under the age of five according to the Royal Life Saving Society’s annual drowning report. Of the 271 deaths due to drowning 26 were of preschool age. Most of these young children drown...