Changes to instant asset write-off rules
As a part of the Government’s recent economic stimulus package the small business instant asset write-off (IAWO) threshold has been increased from $30,000 to $150,000. This article provides more information in relation to the amendments to the Income Tax Assessment Act 1997 (Cth) which enables the changes.
New year, new opportunity to recover your outstanding invoices
The COVID-19 temporary relief measures which applied to insolvency have largely ceased as of 31 December 2020 and now is the perfect opportunity for you to reassess your debt recovery options.
There are a number of debt recovery options available to you, depending on whether you are collecting an outstanding debt from an individual or a company.
Flooding or water flow from your neighbour’s property, what can you do?
If you have experienced the unreasonable flow of water onto your property or have had a neighbour interfere with the reasonable flow of water onto your property, and this has caused you to suffer loss or damage you may be entitled to compensation.