Australian Health Practitioners Guide to Avoiding...

August 10, 2016

Misleading and deceptive conduct is something that should be diligently avoided in any business. As we have previously discussed the law is not only concerned with obvious and blatant lies which are misleading or deceptive, but also any conduct...

READ MORE

How to Prepare a Business for Sale

July 7, 2016

Due to the taxes and duties affecting business transactions that have been abolished or phased out as part of the South Australian state budget of 2015-16 (as we discussed previously here) now is a great time to consider buying or selling a...

READ MORE

Relief available to Charitable Organisations and Churches

June 30, 2016

When purchasing land and/or a building in South Australia, in addition to the purchase price there are a number of other ongoing costs that become obligations of the new purchaser. For organisations such as charities and religious organisations (such as churches), there are a number of remissions that you may qualify for which could help lessen the ongoing financial burden. The following areas in which rebates may be available relates specifically to religious organisations (Churches) with charitable status. If your organisation falls outside these parameters it may still be worth doing some research and making some enquiries. A 100% Exemption for Land Tax is available for charitable organisations (eg: Churches) under Section 4 of the land Tax Act of 1936. For more information on this exemption then please go to the Revenue SA website. As land tax is calculated and payable in advance for the whole of the financial year it may be important that you apply as soon as possible. For the relevant application form please follow the link here. Section 162 of the Local...

READ MORE

Conflicts of interest: Identification, Prevention and...

May 26, 2016

As we have previously discussed a conflict of interest may occur when a board memberís personal interests are in conflict with their responsibility to act and make decisions in the best interest of the organisation. Although conflicts of interest do...

READ MORE