The countdown to Christmas is now on and we are in the midst of the headlong rush to get everything done and capitalise on any remaining opportunities before the Christmas lull. Busy period or not, Christmas causes a period of dislocation and volatility for most businesses. This dislocation and volatility mean that it is not ‘business as usual’ and for many businesses, it is the change that causes the problem.
A former Foodora Australia delivery rider recently won an unfair dismissal claim despite a service agreement that classified him as an independent contractor. We explore the implications of the case because the facts of this case are relevant to all businesses engaging contractors. (more…)Read more
The tax law does not allow you to ‘flip’ a property tax-free even if you are living in it. Most people think that they can move in to a property, renovate it, and then sell it without paying tax. The main residence exemption – the exemption that protects your family home from tax – does not apply if your primary purpose is to ‘flip’ the property for a profit. The fact that you are living in the property does not mean it’s exempt from tax. (more…)Read more
Generational succession – handing your business across to your kids or family – sounds simple enough, but many families end up in dispute right at the point when the parents, business, and children are most vulnerable.Read more