Protecting your interests with regard to asset ownership has been given a legislative boost by way of the new Personal Property Securities register, which replaces more than 70 different state acts and registers. We run through what you need to know.
With the carbon tax fast approaching, we ask (and answer) the question; Is your business ready? We also warn about some common pitfalls for SMSFs, and look at where hobby farms stand with regard to tax concessions.
We have also introduced a new section, Regulatory Round-up, which summarises important developments or announcements made over the month.
Should you require more information regarding any topic touched upon in this newsletter, please feel free to contact MBS to discuss the details.
Disclaimer & Copyright: All information provided in this newsletter is of a general nature only and is not personal financial or investment advice. Also, changes in legislation may occur frequently. We recommend that our formal advice be obtained before acting on the basis of this information. The Copyright is owned exclusively by Taxpayers Australia Inc (ABN 96 075 950 284)