Coronavirus Alert: Shutdown information
An employer generally has an obligation to go on paying permanent employees regardless of lack of work – but few employers could afford to keep paying an idle workforce for long without “going to the wall”. What can an employer do if the drastic decision to shut down must be made?...
Farmers a casualty of tax laws targeting land banking
Under the Act, expenses incurred on or after 1 July 2019 (such as interest, rates and land tax) associated with holding vacant land will not be deductible unless the vacant land is held for the purpose of carrying on a business by the taxpayer or cert...
