Not For Profit, Commercial Contracts, Tax Harwood Andrews Not For Profit, Commercial Contracts, Tax Harwood Andrews

1,400 ACNC Charities face deregistration and loss of tax concessions

The ACNC have announced that up to 1,400 ACNC registered charities face deregistration unless they lodge their Annual Information Statement (AISby 30 March 2015. Each of these charities has failed to lodge their AIS for 2 consecutive years.  If deregistered, they will no longer be eligible for charity tax concessions including income tax, fringe benefit tax and GST.

Read More
Planning & Environment Harwood Andrews Planning & Environment Harwood Andrews

Expert duty to notify material change of opinion at VCAT

Members in the Planning and Environment List have been increasingly reluctant to allow expert witnesses to introduce changes to a development proposal through expert evidence. Parties are expected to seek expert advice early and incorporate any expert recommendations through the amended plans process enabling due notice to be provided to other parties and the Tribunal of a proposed change.

Read More
Tax Harwood Andrews Tax Harwood Andrews

Beware of waiving privilege when disclosing the 'gist' of advice

In the recent Federal Court case of Krok v Commissioner of Taxation[1] a taxpayer was implied to have waived the right to legal professional privilege by disclosing documents which refer to the purpose and reasoning of legal advice. As a result, the taxpayer may be required to discover documents that would otherwise have been protected.

Read More
Not For Profit Harwood Andrews Not For Profit Harwood Andrews

ACNC deregistration of Balls4Life

The Australian Charities and Not-for-profit Commission (ACNC) has announced its decision to deregister the former AFL affiliated charity Balls4Life. Established in 2010, the charity raised money to fund prostate cancer research by selling signed match-day footballs and auctioning them on the Balls4Life website.

Read More
Commercial Contracts Harwood Andrews Commercial Contracts Harwood Andrews

Your Standard Terms & Conditions Must Be Fair & Reasonable – The ACCC Takes Action Against Europcar

The ACCC is continuing to crack down on unfair contract terms and has instituted Federal Court proceedings against CLA Trading Pty Ltd trading as “Europcar Australia” (Europcar) that could see refunds to consumers who have paid Europcar money pursuant to the specific contract terms that are currently under the scrutiny of the Court. 

Read More
Business Structuring, Governance Harwood Andrews Business Structuring, Governance Harwood Andrews

Lifting the veil of a shadow director

Do you ever provide advice to company directors, and they act on that advice? Do you ever give instructions to company directors and they act on those instructions?

People have a general awareness of the implications of personal liability as a director. For example, directors can find themselves personally liable for debts to employees, tax debts and penalties owed to the Australian Tax Office or for breaches of The Corporations Act 2001 (“the Act”).

Read More

Land Acquisition: Awards of Costs to Claimants Despite Determination in Favour of Acquiring Authority

The Tribunal in Heislers v Melbourne Water Corporation [2014] VCAT 1399 ordered that Melbourne Water, as the acquiring authority of a pipeline easement related to the Wonthaggi desalination plant, pay 80% of the claimant’s costs in the proceeding. 

Read More
Superannuation Harwood Andrews Superannuation Harwood Andrews

Has new SMSF penalty regime allowed the Courts to adopt a lenient approach to serious breaches of SIS?

The new penalty regime for self-managed superannuation funds (SMSFs) may allow a relatively lenient approach where cases involve a number of serious breaches of the Superannuation Industry (Supervision) Act 1993 (SIS Act) , if the two recent Federal Court decisions of DCT v Lyons and DCT v Graham Family Superannuation Pty Ltd are any guide to how the regime will be applied by the Courts.

Read More