Conveyancing Harwood Andrews Conveyancing Harwood Andrews

Loose-Fill Asbestos Insulation

Register by 1 August 2016 for free testing. 
As part of its Voluntary Purchase and Demolition Program, the NSW Government is currently offering free loose-fill asbestos testing to homeowners in 28 identified NSW local government areas (including Albury City Council and Greater Hume Shire Council). 

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Small Business Rod Payne Small Business Rod Payne

Top 5 legal tips for starting a business

Starting a business needs more than just a great idea. It involves planning, getting your finances in order and of course ticking all the legal boxes. Navigating the legal landscape for a new business can be difficult, so we want to share with you the top five things you need to consider:

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Important information for apartment and unit owners

A quick guide to owners corporations
If you are an apartment or unit owner it is likely you are part of an owners corporation. As a member there are certain procedures that must be followed which you may not even be aware of.  It is important that owners corporation members and committee members understand these procedures, their rights and responsibilities.  

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Conveyancing Justin Hartnett Conveyancing Justin Hartnett

New Requirements for Sale or Lease of Property with a Swimming Pool or Spa in NSW

Sale
From 29 April 2016, a vendor selling a property in NSW with a swimming pool or spa pool must include one of the following in the Contract of Sale:

  • A valid swimming pool certificate of compliance; or                                                    
  • A valid occupation certificate issued under the Environmental Planning and Assessment Act 1979 (NSW) that is less than three years old and authorises the use of the swimming pool;  or
  • A valid swimming pool certificate of non-compliance.
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Small Business Rod Payne Small Business Rod Payne

Tax Incentives for Startups

The Federal Treasury has introduced legislation which aims to create tax incentives for investors by encouraging early stage investment in startups (Bill).

The Bill aims to increase the volume of funding available for startups by offering tax concessions to potential investors.

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Dispute Resolution Ali Erskine Dispute Resolution Ali Erskine

Plaintiff’s access to defendant insurance

A claimant liquidator was allowed to join the defendants’ insurer to the proceeding, in circumstances where the defendants were not going to pursue the insurance claim. This case may open up several new ways to utilise a defendant’s insurance, and Sladen Legal has some creative ways this decision can be used to plaintiffs’ benefit.

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Superannuation Harwood Andrews Superannuation Harwood Andrews

Non-commercial LRBA loans must be put on commercial terms for the entire 2016 income year

In December 2015 The Australian Taxation Office (ATO) stated that it would not take active steps to review non-commercial limited recourse borrowing arrangement (LRBA) loans prior to 30 June 2016.  It was recommended that LRBA loans should be put on arm’s length terms by 30 June 2016. If that occurred then the ATO had stated that it would not actively review such non-commercial LRBAs for prior years.

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