Featured Knowledge

A $2 million-dollar error: What SMSF professionals can learn from the auditor liability cases

In brief: The cases of Cam & Bear Pty Ltd v McGoldrick [2018] NSWCA 110 and Ryan Wealth Holdings Pty Ltd v Baumgartner [2018] NSWSC 1502 highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and...
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Can employers make the COVID-19 vaccination mandatory for staff?

There are many different issues raised by this question so there is no ‘one size fits all’ answer. However, what is clear is that in most cases the answer will be ‘no.’ Guidance on COVID-19 vaccinations from the Fair Work...
26 February, 2021

Can’t stack the system: Car stackers and tandem parking targeted under new congestion levy ruling

On 1 February 2021, the Commissioner of State Revenue released ruling CL-001 in respect of parking spaces for multiple motor vehicles. Congestion Levy The State Revenue Office (of Victoria) imposes a levy on certain public and private carparks within delineated...
24 February, 2021

Where are all the insolvencies? An analysis of the figures

In normal circumstances each year there are thousands of companies which end up (voluntarily or otherwise) in some form of external administration. In the middle of a pandemic, you would expect that this figure would increase. Contrary to this however,...
23 February, 2021