As business owners prepare for the new financial year, this time often heralds reflection on (and assessment of) current business structures. It is also a time where we, as lawyers, are called upon to advise clients in respect of out-dated family trust structures which their business has either outgrown or which require amendment due to [...]
Increasingly, we’re asked to advise clients in respect of marketing partnerships with online personalities and social media influencers. The business case for partnering with an influencer with a staggering number of followers within a brand’s target market can be compelling. Often though, businesses can risk doing significant damage to their brand by rushing to enter [...]
Yes, “outgoing” in the sense of additional tenancy costs (not me after 3 negronis!). The term “outgoings” in a commercial lease generally refers to additional expenses relating to the property that the tenant must pay in addition to the rent. These typically include (but aren’t limited to): rates, levies and assessments imposed by any local [...]
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, [...]
