The Australian government has recently introduced changes to GST law affecting suppliers and purchasers of new residential premises or subdivisions of potential residential land.
Purchaser to remit GST directly ATO
Under these changes, purchasers of new residential premises (other than those created through a substantial renovation and commercial residential premises) or subdivisions of potential residential land will ... Read more
Business Names and Trade Marks –Is There A Difference?
Selecting a business name to establish a brand presence is one of the most significant decisions you will make when starting your own business. However, a common and often costly misconception is that registering a business name or company name will provide the same protection as a ... Read more
Many people don’t stop to think about the effect marriage, registration of a defacto relationship, divorce or deregistration of a defacto relationship will have on their will.
With the rise of defacto partnerships and the option to register that relationship with Births, Deaths and Marriages and with the legal recognition of gay marriage, many people are ... Read more
Not very often do we associate good news with a duty or tax! Well this time we can. There is good news for purchasers of non-residential “Qualifying Land” with the complete abolishment of stamp duty from July 1 2018.
Since 2015 the State Government has been phasing out Stamp duty on non-residential, non-primary production land. From ... Read more
The need to have a valid will can be highlighted when contrasting what will happen to your estate if you die intestate (i.e. without a will).
Take for example Allan who dies without a valid will, he is survived by his de facto partner Sally and their child Lexie who is under the age of 18.
Generally ... Read more
Whilst homemade wills and ‘will kits’ promise a free or cheap and easy way of giving effect to your testamentary wishes, they must be treated very cautiously.
In many cases homemade Wills are not completed or signed properly, raising real questions as to their validity, resulting in significant delays and costs in trying to rectify the ... Read more
WHEN AN UNSENT TEXT MESSAGE BECOMES A WILL: UNDERSTANDING THE LAW AND ITS IMPLICATIONS
Whilst there are certain requirements that must be met in order for a will to be considered valid in South Australia, there are exceptions in which a will can be admitted to probate (probate is the process of proving a will and ... Read more
As the girth of the Australian wine industry is expanding both locally and overseas, our State liquor licensing laws are simultaneously experiencing a loosening of the proverbial belt.
So far, thanks to the reforms introduced in December last year under the Liquor Licensing (Liquor Review) Amendment Act 2017, you can now buy an alcoholic drink at ... Read more
Following on from the $1.27 million in funding under the Wine Tourism and Cellar Door Grants Program shared across 56 South Australian wineries so far, Wine Australia will soon be sifting through submissions from South Australian wineries eager to increase their international visitor profile. $1 million dollars’ worth of federal International Wine Tourism State Grants ... Read more
Holding a registered trade mark provides many benefits for a business – the exclusive right to use and licence a brand, legal protection against unauthorised use and from 1 July 2018, it will allow certain wine industry participants to claim an exclusive tax rebate.
The Wine Equalisation Tax Rebate
Presently, traders who make, import or sell wine ... Read more