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How Do Royalty Payments Work in the Creative Industry?
Royalties are a common feature of the creative industry. It is seen through YouTubers who get royalties from content views or nightclubs paying artists to play their music. Filmmakers, musiciansRead More
Should I Run My Business as a Trust?
There are many ways to run a business and trusts are a method which offer several benefits for businesses particularly in regard to tax, liability, and management. When compared toRead More
What are the Tax Benefits of a Trust?
Neither discretionary or unit trusts incur taxes. Rather, the beneficiaries are taxed on the income and profit that they obtain from the trust. However, the trust may generate income thatRead More
What is a Discretionary Trust?
A trust is essentially where one entity (a person or company), known as the trustee, holds property on behalf of another person known as the beneficiary. The trustee is theRead More
Should I file a provisional patent application?
A provisional application reserves the date for a future patent application. It does not itself provide the protection of a patent but it gives you a priority date so thatRead More
What is a modern slavery statement?
A modern slavery statement is an annual report made under the Modern Slavery Act 2018 (Cth) about a business’ risks of modern slavery in their operations and supply chains andRead More
How can I legally run a competition for my business?
Are you looking to run a competition or contest as an advertising method? Competitions can be an effective way to grow your brand and build your mailing list and socialRead More