BLB News

Whose property is it anyway? - the ATO wants to know

28/04/2015

The ATO wants you to be clear on whether super trustees are holding real estate for themselves or their super fund. But how can the trustees do this without risking a massive stamp duty bill?

ACCC wipes the floor with cleaning franchisor

30/03/2015

The Federal court has ordered a franchisor to pay $500,000 for breaches of the Franchising Code.

An arm and a leg - how guarantees may cost you

30/03/2015

When taking out a loan, many lenders will require a guarantee be given - a promise that in the event a borrower cannot repay their debt, someone else will step in and take responsibility for the outstanding amount.

Company fined following 'croc up' over intern's wages

30/03/2015

A company has been fined $24,000 by the Federal Court after failing to pay wages for two employees who were incorrectly classed as unpaid interns.

SMSF trustees - this is the Tax Office calling

30/03/2015

You have your own SMSF and you're therefore a trustee of the fund. The phone rings late one afternoon. You answer the phone. It's the ATO wanting to discuss a recent breach of superannuation law by your fund. What to do next?