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In its clearest form, a testamentary trust is simply a trust that is created by your will. The trust will come into existence only when you pass away.
4 July 2020
The NSW Chief Commissioner (‘Chief Commissioner’) has updated the following practice note CPN 004 Foreign Surcharges and Discretionary Trusts (‘CPN 004’).
2 July 2020
The due date for the 2020 annual reconciliation has been extended to 30 October 2020.
When people are looking for a local business, product or service, most people pull up their favourite search engine to do some research, and there are endless statistics to demonstrate how important it is for businesses to have a digital presence. However, for business owners it can be overwhelming to know where to start.
On 1 April, there were changes made to the laws in relation to Director’s responsibilities and superannuation guarantee reporting.
We live in a world where cyber crime is real. IT infrastructure and emails can be infiltrated by stealth to the point where emails are being monitored or altered without your knowledge. Scary, but true.
Just like software packages that adopt two factor authentications, we should consider adopting the same principal for confirming bank account details.