Amendments to Commercial Tenancy Relief Scheme gives Small Business Commission the power to make binding determinations
The new Regulations that extend (and amend) the Commercial Tenancy Relief Scheme in Victoria have now been passed and are in force. Apart from widely publicised amendments to the regulations and enabling legislation (such as [...]
Do you value the value of your IP?
Intellectual property (IP) is a business asset. It can and should be valued and make sure you speak to your accountant about claiming as a tax deduction. It is important to know the market you [...]
Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business
Like in other times of economic turmoil, bargain businesses are now increasingly on the market. However, just like buying an old car, sometimes the alluringly low upfront price of a business obscures the painful reality [...]
Beware the new laws tackling Phoenix activity
Illegal Phoenix activity is when a new company is created to continue the business of an existing company that has deliberately liquidated to avoid paying outstanding debts, including creditors, taxes and employee entitlements. Throughout February [...]
A quick Q&A covering COVID-related employment scenarios
With Victoria currently in the middle of Stage 4 restrictions, with impending announcements to be made in the next few weeks concerning the lifting of restrictions (hopefully!), it’s a good time to revisit some of [...]
Extension of JobKeeper provisions in the Fair Work Act (FWA)
Legislation was passed on 1 September 2020 to extend the JobKeeper scheme until 28 March 2021. Accordingly, the JobKeeper provisions in the FWA were also extended, with some changes. The extended provisions take effect from [...]
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