Recent government amendments have provided tax certainty for superannuation funds upon the death of members in receipt of a superannuation income stream. This amendment effectively allows a superannuation fund trustee to dispose of pension assets on a tax-free basis to fund the payment of death benefits. Also, the meaning of ‘superannuation income stream benefit’ now…
As people get older they need to make arrangements on how to handle their estate, and their personal interests in the event of sickness or death. These include: Enduring guardianship A guardian is essentially a legally appointed substitute decision-maker. A guardian is granted powers only as is necessary to accomplish what an individual cannot do…
Late 2013 the Australian Competition and Consumer Commission (ACCC) announced that it would begin targeting franchises in the Health and Fitness and Takeaway Food industries. A new round of audits will be performed on these businesses to ensure that the franchisors are complying with the Franchising Code of Conduct. It is important that all franchisors…
