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Finlaysons is one of Australia’s most respected major commercial law firms. We are based in Adelaide, with an office in Darwin, and can trace our origins back to 1850

Finlaysons Lawyers have a team in South Australia and the Northern Territory

Finlaysons Commercial Law Team

Finlaysons is a leading independent commercial law firm with offices in both South Australia and the Northern Territory.

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Could the ATO Inadvertently Become a Beneficiary Under Your Will?

Avoid the common misconception that no tax is payable on the transfer of assets on death to beneficiaries under a Will

It is commonly assumed that no tax is payable on the transfer of assets on death to beneficiaries under a Will. Unfortunately this is a common misconception in three particular cases, and can lead to large and unexpected tax liabilities,…

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Could the ATO Inadvertently Become a Beneficiary Under Your Will?

16/07/2019

Avoid the common misconception that no tax is payable on the transfer of assets on death to beneficiaries under a Will

It is commonly assumed that no tax is payable on the transfer of assets on death to beneficiaries under a Will. Unfortunately this is a common misconception in three particular cases, and can lead to large and unexpected tax liabilities,…

Changes to ‘Large Proprietary Company’ Thresholds

08/07/2019

The change to ‘Large Proprietary Company’ thresholds brings widespread reporting relief for FY 2019–20. A ‘proprietary company’ may either be classified as ‘small’ or ‘large’ under section 45A of the Corporations Act 2001 (Cth) (Act).

Large proprietary companies must prepare and lodge with ASIC a financial report and a director’s report for each financial year under Part 2M.3 of the Act, and implement a Whistleblower Policy under Part 9.4AAA of the Act. The Corporations Amendment…

Have you Adopted your Whistleblower Policy?

02/07/2019

The new Whistleblower laws introduced by the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (The Act) are now in effect. The new laws will require companies to adopt policies providing enhanced protection for those who report corruption, fraud, tax…