The ATO has published a brochure to assist those in the building and construction industry when preparing their tax return which we have uploaded to the Society of Construction Law website here.
For those working in allied profession the ATO has also work-related expenses guides for many professions including: engineers, tradespeople and lawyers.
For more information, or to download the guides available for other specific occupations, visit www.ato.gov.au/occupation20.
The Victorian Bar has provided the attached information on Government and other financial measures that may apply.
The Government is enhancing the Boosting Cash Flow for Employers measure it announced on 12 March 2020. The Government is providing up to $100,000 to eligible small and medium-sized businesses, and not for-profits (NFPs) that employ people, with a minimum payment of $20,000. These payments are intended to help businesses and NFPs with their cash flow so they can keep operating, pay their rent, electricity and other bills and retain staff.
Small and medium-sized business entities with aggregated annual turnover under $50 million and that employ workers are eligible. NFPs, including charities, with aggregated annual turnover under $50 million and that employ workers will now also be eligible. This will support employment at a time where NFPs are facing increasing demand for services.
For more information please click here
SoCLA has received communication from NSW Treasury and NSW Infrastructure regarding the impact of COVID 19 measures on the construction of NSW Government infrastructure.
We will continue to advise members of any developments we receive regarding the impact on the building and construction industry of Government measures in response to COVID 19.
On 4 March 2020, the Building and Development Certifiers Regulation 2020 (the Regulation) was finalised and published on the NSW legislation website. The Regulation has been developed to support the Building and Development Certifiers Act 2018 (the Act), which was passed by Parliament on 24 October 2018.
The purpose of the Regulation is to set out the requirements for the registration of registered certifiers including classes, qualifications, experience and knowledge, to provide Code of Conduct standards, to establish contract requirements for certification work and to create a new accreditation framework. It also contains applicable fees and penalties.
The Act and Regulation will both commence on 1 July 2020. Upon commencement, the Act and Regulation will replace the Building Professionals Act 2005 and the Building Professionals Regulation 2007.
Members in Melbourne may be interested to attend the Resolution Institute seminar "Modernisation of Resolution Institute Arbitration Rules: What you need to know?" presented by Toby Shnookal QC on Monday 16 March 2020 at 5:30 pm at Baker McKenzie, Melbourne. More information and booking details are available on this flyer.
Our National Conference has been postponed to early 2021.
SoCLA National Conference "Getting Risk Right".
Further details will be provided in due course.
The SoCLA Gala Dinner has been postponed to early 2021.
Watch our conference page for more information.
SCL (New Zealand) will host the 9th International Society of Construction Law Conference in Auckland.
The original dates of 4-6 November 2020 have been postponed to 3-5 November 2021.
More information is available at www.constructionlaw2020.com.