Craig Healy's Articles

Failure to lodge returns can land criminal conviction

We regularly have clients referred to us who are facing prosecution by the ATO for failure to lodge income tax returns or BASs, often for a number of years.  Many of those clients express to us their surprise that they face the possibility of receiving a criminal conviction for failure to lodge. Every accountant will […]

Employment basics

  It is surprising how often in our practice we come across employers who are unaware of some of the basic legal requirements that have to be met when engaging new employees.   We are talking about employers understanding the fundamentaland minimum statutory obligations that they have and must adhere to when engaging new employees. These […]

Directors’ Penalties – ATO on the warpath

You may have seen the article in the Australian Financial Review today (24 April 2013) warning directors that the Tax Office is now pursuing an aggressive policy of sending penalty notices to directors making them personally liable for their company’s unpaid PAYG and superannuation.  The article alerts readers to the fact that since 30 June […]

Employee requests for flexible working arrangements

Employers may be aware from press reports of the announcement that was made in February 2013 by Bill Shorten, the Minister for Employment and Workplace Relations, of changes that the Gillard Government wants to make to the Fair Work Act to broaden the right of employees to request flexible working arrangements.   However, many employers may […]

Unpaid PAYG & super – major expansion of directors’ personal liability

The Tax Laws Amendment (2012 Measures No. 2) Act 2012 (and related amending legislation) became law on 29 June 2012.  These Acts have the effect of dramatically broadening the potential exposure of company directors to personal liability for a company’s tax obligations. Directors could already prior to this legislation be served with a notice by […]

Personal Property Securities Act update

Do you need to take action on the Personal Property Securities Act?

The new PPSA registration scheme will come into operation in October 2011.

For many businesses, the Personal Property Securities Act (PPSA) will not affect them. However if it does affect your business and you do not take action to register under the PPSA, your business assets could be at risk.

Personal Property Securities Act & Retention of Title rights

Under the PPSA, retention of title clauses, and also known as Romalpa clauses (ROT) will give rise to a security interest.  This is because of the definition of security interest under the PPSA and in particular the provisions of section 12(2)(d) of the PPSA.  When a business sells goods to its customer, the seller will […]

New laws set traps for unwary retailers, manufacturers and importers

Many businesses may not be aware of recent changes to the law that strictly mandate the content of warranties against defects given by businesses to consumers. Under the new Australian Consumer Law (ACL), businesses that provide defect warranties that do not comply with the new rules will face hefty penalties.

This information brief explains some of the rules covering warranties and repairs of consumer goods and what documents you might need to review to ensure your business complies with the ACL.

Goodbye Trade Practices Act

The new federal Competition and Consumer Act 2010 (CCA) has replaced the Trade Practices Act (TPA). The CCA has introduced a number of important changes to the law, including strengthened consumer protections and greater powers to regulators such as the ACCC. Businesses will need to be aware of their new rights and obligations.

Major changes affect employers

A number of important changes introduced by the Fair Work Act 2009 could significantly impact small and medium businesses.  Two recent changes provide new entitlements to employees with children which could have ramifications for your business and staff management. Under these changes brought in by the Fair Work Act 2009, effective 1 January 2010, employees […]