If you hold equipment in one entity, and carry on your business in another, you may be thinking this is a great asset protection strategy. It is, but it is missing one critical part – registration of the arrangement on the PPSR.
The Victorian State Revenue Office (SRO) has announced that from 1 March 2020 it has adopted a new approach in applying the ‘foreign purchaser additional duty’ (FPAD) provisions of the Duties Act 2000 (Vic) to discretionary trusts. Make sure you don’t get caught by this additional 8% of duty.
If you’ve been sponsoring sports teams and events as part of your marketing spend – maybe it’s time to move to warp speed, and consider eSports! The world is your virtual oyster.
If you’re paying for your grandchildren’s education costs, then you’re not alone. But is this financial support a ‘gift’ or a ‘loan’ to your children? If this is left in any doubt, then bitter family disputes will arise. Take the time now to make sure the ground rules are clear.
In today’s modern economy all businesses rely heavily on their intellectual property (or ‘IP’). Whether you realise it or not, your employees are using or generating some form of IP each and every day they are at work. But what happens when your employee walks out the door (or is pushed)? Have you taken the necessary steps to ensure your IP remains behind?
This is a lawyer’s blog, what do you think the answer is going to be…?! Read on anyway if you’re not yet convinced.
So you’re in a contract you want to get out of and not sure what do to. Terminating an agreement is never easy, but there are some practical steps you can take.
It’s always nice to make a sale – but the fun soon ends if you don’t end up getting paid. You need to ensure that your ‘terms of trade’ protect your interests, and you also need to ensure these interests are register on the PPSR. Find out how.
We have a lot of dentist clients who have downed tools during the Level 3 restrictions. One thing they have in common is that they’re making lemonade out of lemons and getting their practices ‘shipshape’ for when the restrictions are downgraded back to Level 1 or 2. If this sounds like you, read on!
Employers faced with the reality of reducing their workforce in an attempt to mitigate the adverse effects on their businesses want to know “What is the difference between a ‘stand down’, ‘termination’ and ‘redundancy’?” All is explained…