With the ATO having announced a more hardline approach to discretionary trusts, we detail some good news around the possible retrospectivity of their new approach. Are you aware of the personal property security register?
In our May newsletter, we outline its importance and how it can reduce your risk of property you are thinking of purchasing being repossessed. We also highlight the recommendation that employers have in place a human resources (HR) manual. HR manuals document the workplace policies and procedures that will be applied to all employees inside and to a lesser extent outside the workplace.Please contact us for clarification, or further advice, regarding any of the topics covered in this newsletter.
Happy reading…
