Got a passive corporate entity that holds an investment property or perhaps plant and equipment? The ATO has confirmed it takes a broad approach to when a company carries on a "business", which means some company taxpayers may be entitled to business tax concessions they hadn't previously considered. Find out if your company is affected.
Your superannuation balance is probably one of your biggest assets – perhaps up there with the family home. It's therefore vital to plan for how that money will be distributed on your death. Find out how a binding nomination can give you peace of mind that your wishes will be complied with when you've passed on.
The Fair Work Commission's new anti-bullying regime cannot order financial compensation, but employers may still be found liable for breaches of their duty of care in court. In this case, a retailer had to pay an employee more than a quarter of million dollars for a psychiatric injury caused by workplace bullying.