Sladen snippet – proposed legislative instrument to permit LRBA borrowings by the bare trustee
The ATO has released a draft legislative instrument and explanatory statement that would permit a holding trustee/bare trustee to borrow under a limited recourse borrowing arrangement (LRBA).
Family trust resolutions – are they ineffective?
The recent AAT decision of The Trustee for the Whitby Trust and Commissioner of Taxation
[2019] AATA 5637 signifies the dire tax implications of family trusts failing to observe documentary formalities.
Can I use that? Navigating third party permission clearances in publishing
AAT cautions the Commissioner on his sceptical approach towards taxpayers and offers a reminder in relation to burden of proof requirements
Sladen Snippet - It’s not too late for your NSW discretionary trust holding residential land
As outlined in our previous article, the State Revenue Further Amendment Bill 2019 (NSW) was introduced to NSW Legislative Assembly on Tuesday 22 October 2019, and proposed to make changes to New South Wales land tax and duty legislation.
Unfair Dismissal Update - Is Long Service A Get Out Of Jail Free Card?
The Full Bench of the Fair Work Commission (Commission) has issued a timely reminder that a lengthy period of service is not a “get out of jail free card” for an employee when challenging the fairness of their dismissal in BlueScope Steel Ltd v Habak [2019] FWCFB 5702.
Sladen Snippet - Federal Court finds land used for storage not an active asset
The Federal Court in FCT v Eichmann [2019] FCA 2155 (Eichmann) held that land used for storage was not an active asset for purposes of the small business capital gains tax (CGT) concessions in Division 152 of the Income Tax Assessment Act 1997 (ITAA 1997).
Sladen Legal announces Principal appointment
Sladen Legal welcomes the team from Bernie O’Sullivan Lawyers
Sladen Legal launches interactive, tailored professional development tool, Sladen Learning.
Sladen Legal have launched Sladen Learning, an online professional development platform delivering interactive, specialist courses to professionals Australia wide. Developed by the team of lawyers at Sladen Legal, Sladen Learning combines information, resources and activities to deliver engaging and educational short courses.
Bernie O’Sullivan Lawyers to join Sladen Legal
We’re delighted to announce that Bernie O’Sullivan Lawyers will be joining Sladen Legal, effective 1 October 2019. Coming together under the Sladen Legal brand this development will add depth and expertise to our already impressive team of Estate Planning, Tax, Business, Superannuation, Trusts and Dispute Resolution lawyers.
Sladen Legal trio voted among Australia’s Best Lawyers
Sladen Legal’s Daniel Smedley, Neil Brydges and Phil Broderick have received recognition in the 12th Edition of The Best Lawyers in Australia. The list of impressive legal professionals was announced in the Australian Financial Review on 22 March 2019.
Sladen Snippet – Sladen Legal, Daniel Smedley and Rob Jeremiah Recognised as Leaders in Tax
Sladen Legal has been recognised as a Recommended Tax Law Firm (Victoria) in the recently released Doyles Guide Tax Law Rankings.
Sladen Snippet – Sladen Legal Principal Daniel Smedley Again Named As One Of Australia’s Best Lawyers
Congratulations to Sladen Legal on "Best New International BCorp" Award.
SMSFs Engaging in Property Developments
This paper was presented by Phil Broderick on SMSFs Engaging in Property Developments, at the Ninth Annual SMSF Conference of the Television Education Network, on 4-5 September, 2014.
Self managed superannuation funds (SMSFs) have been carrying on property development activities ever since they came into existence. Yet despite that, there is still a common concern that such activities will cause the SMSF to become non-compliant, or subject to penalties, on the basis that such activities, and in particular undertaking a property development business, are prohibited.
Why you need a mentor
Sladen Legal Principal, Meagan O’Connor, was recently interviewed as part of a discussion with Business Chicks about why you need a mentor, and how it might be the best thing for your career.
In this article (published in “Latte” - the Business Chicks magazine), Meagan discusses her outlook on mentoring in the workplace, and how the corporate world is becoming better structured to mentor women through their careers.
Phil Broderick returns for a new beginning at Sladen Legal
Sladen Legal offers a fresh approach to legal services
Launching a new brand and identity might seem like a daunting task for many businesses, but for law firm Sladen Legal, it was an exciting step forward. On Monday 20 May, the Melbourne-based firm started operating from a brand new office, with a new name, a new focus and a clear vision for its future.