Australia
Victorian Payroll Tax Surcharge Commences 1 January 2022

By Jonathon Larosa on 04/03/21 - Mins to read: 3 minutes

The Mental Health and Wellbeing Payroll Tax Surcharge will commence from 1 January 2022 and is payable on Victorian taxable wages paid or payable from 1 January 2022 by an employer or a group of employers. The surcharge is a revenue mechanism that will provide additional funding for the mental...
Read More >
Discretionary trusts and the Family Court: are your assets protected?

By William Buck on 04/03/21 - Mins to read: 3 minutes

This article was written with the assistance of Greg Parker, Partner at Swaab Attorneys.  In Australia, it’s common for family-run businesses to operate under a trust, primarily for asset protection benefits and the ability to effectively distribute income to family member beneficiaries. Unfortunately, it’s also rather common for marriages and...
Read More >
Canberra to consult on the treatment of corporate trusts under insolvency law

By Helen Ali-Happala on 04/03/21 - Mins to read: 3 minutes

Australia’s current insolvency law does not clearly address the treatment of corporate trusts which are commonly used by small to medium businesses. This is an issue for the many small to medium, family owned businesses that are facing financial difficulties. Therefore, the Government, on 15 October 2021 announced a consultation...
Read More >
Discretionary trusts and tax planning: tips and traps

By Greg Travers on 04/03/21 - Mins to read: 3 minutes

Discretionary trusts are a unique and flexible structure that are particularly adapted to family arrangements. As well as the ability to cater for evolving family dynamics and to provide a level of asset protection, discretionary trusts can assist with tax planning within a family group. Streaming Streaming refers to the...
Read More >
Investing: the many biases that could hamper your success

By Nigel Credlin on 04/03/21 - Mins to read: 3 minutes

Investing is a life-long pursuit. It may take on different forms as we move through our lives, however the underlying premise remains the same. At its purest, long-term investing is easy. Our ethos for successful investing – invest with patient capital over the long term - can set you above...
Read More >