BUSINESS & WEALTH STRUCTURING
(COMMERCIAL LAW) ARTICLESBusiness Advantages and Disadvantages For Partnerships
Which structure is right for me? Business advantages and disadvantages for partnerships Partnerships are structures that involve the carrying on of a business with two or more people. The Partnership Act 1891 (Qld) (‘the Act’) governs the way partnerships are formed,...
Does a Company Structure suit the needs of My Business?
We understand that it is stressful starting and operating your own business. How do you, as a business owner, know which structure will be best for the management and progression of your business? There are a number of different ‘business structures’, including sole...
Unfair Contract Terms
On 30 July 2013, the ACCC issued a media release advising that it has been granted a declaration by the Federal Court that the standard terms and conditions used by Bytecard Pty Limited, an Internet Service Provider, contains terms which fall within the unfair...
What happens when I fail to pay Superannuation installments for my staff?
Most directors are aware of the importance of compliance with PAYG withholding and superannuation guarantee charge obligations. However, what happens when the company fail to pay Superannuation installments for their staff? What are the consequences for the directors?...
Business advantages and disadvantages for sole traders
Which structure is right for me? Business advantages and disadvantages for sole traders. Sole traders opt to operate their businesses as individuals, without any business structuring. Sole traders often trade under their personal name, while others will register a...
I have received a Director’s Penalty Notice from the ATO – What do I do?
Most directors are aware of the importance of compliance with PAYG withholding and superannuation guarantee charge obligations. However, what happens when the company is unable to meet these obligations and you receive a Penalty Notice from the ATO? What are the...
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