What happens if my Parenting Plan is breached? A Parenting Plan is a written agreement which covers parenting arrangements for children but is not formally approved by the Court. It is a more informal way of having arrangements in place for your children than Consent Orders, as the parties do not have to make a formal […]
The scheme for Capital Gains Tax (“CGT”) is derived from Part 3-1 of the 1997 Income Tax Assessment (1997 Act). In conjunction with the 1936 Income Tax Assessment (1936 Act), these two pieces of legislation are the national basis upon which all income tax matters are dealt with. Despite repeated calls for reform, Australia’s tax system remains complicated. The […]