Not For Profit, Tax Harwood Andrews Not For Profit, Tax Harwood Andrews

Australia’s Charities and Not-for-profits - Options Paper released

In line with its election promise to abolish the Australian Charities and Not-for-profits Commission (ACNC), the Abbott Government has now released Options Paper, Australia’s Charities and Not-for-profits which seeks feedback on its proposed arrangements for charities in Australia. The Government’s proposed arrangements attempt to balance the administrative burden of reporting with the need for organisations receiving concessional tax treatment to be publicly accountable.

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Succession Planning, Powers of Attorney Harwood Andrews Succession Planning, Powers of Attorney Harwood Andrews

Succession planning checklist

There are a wide variety of events that should prompt you to review your succession plans: for example, the ageing of an executor appointed in your will; the arrival of children or grandchildren; the breakdown of a child’s marriage; the threat of some commercial misfortune to a child; the graduation of a child into a professional career; or a resolve to assist a needy charity.

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Employment Law and OH&S Harwood Andrews Employment Law and OH&S Harwood Andrews

Enterprise Agreement Knocked Back Due To Invalid Notice of Representational Rights

Any employer which has gone through the process of negotiating and making an enterprise agreement with its employees and seeking approval of the agreement from the Fair Work Commission (FWC) will know that the process and approval requirements can be complex and time consuming and that the requirements for approval are quite technical.

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Commercial Contracts Harwood Andrews Commercial Contracts Harwood Andrews

Beware of Sham Registrations on the Personal Property Securities Register

To register a security interest on the Personal Property Securities Register (Register), there is no requirement to file the underlying agreement that creates the security interest.  Accordingly, the Personal Property Securities Registrar cannot determine whether or not a registration is justified simply on the face of the details inputted into the Register. This therefore opens the Register up to abuse by the lodgement of sham registrations. 

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