When drafting a contract for the sale of business, there are some key terms to be on the lookout for. Here's our guide to some of the most common terms you might come across: • Payment provision: The consideration and payment structure should be agreed between the parties. Your payment provision should cover whether a [...]
Reports surfaced over the weekend regarding the ongoing court battle between fashion designer Katie Jane Taylor and singer Katy Perry over a trademark dispute. Ms. Taylor, the owner of Katie Perry, a loungewear company, launched legal proceedings back in 2009, alleging trademark infringement against Ms. Perry for selling clothing through eight channels that were found [...]
Did you know that the Designs Act in Australia now has a 12-month grace period? From March 2022, the new amendment provides a safeguard against unintended public disclosure of your design. Before the amendment, as soon as your design was disclosed to the public, you were prevented from registering the design for that product. This new grace [...]
The onslaught of work from home arrangements popularised due to the pandemic have prompted the ATO to revamp the way to claim deductions for WFH costs. From the 1st of July 2022 you can choose to claim: The fixed rate method, at 67 cents an hour The actual cost method, claiming actual additional expenses incurred [...]
