During the COVID-19 pandemic, the ATO offered administrative relief to businesses who were experiencing financial difficulty. However, Directors were not absolved from their personal liability under the director penalty regime. Now that lockdowns have ended and we are resuming something that resembles a ‘normal life’, the ATO has recommenced its quest to recoup unpaid taxes, [...]
Like ill-fitting budgie-smugglers T&Cs are often crafted with a particular business in mind and the unique challenges it faces. At best, using someone else’s means the terms are likely not effective protection for your particular business and, at worst, they won’t fit and may inadequately cover critical things that are unique to your business. Well, [...]
The PPSR is a national register of claims to security interests in personal property. It is vital to know your rights and obligations in relation to PPSR registrations to ensure your interests are registered against personal property you hold interests in, as well as being aware when others can (and can’t) register their interests in [...]
An integral aspect of commercial leases is the configuration of ‘rent reviews’ according to which rent is adjusted and agreed intervals during the lease term. These intervals are the agreed review dates. The rental payable by the tenant after each scheduled review date is adjusted in accordance with an agreed formula that is set out [...]
