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Using a Corporate Trustee for a Family Trust
There are many benefits to using a corporate trustee for a family trust, including the longevity of a corporate trustee, reducing liability and advantages for succession planning purposes. A trustRead More
What is the difference between registering a business name, and a company?
A business name is the title in which your business operates under. It is sometimes referred to as a trading name (however this is now an old term). If yourRead More
When do I have to pay employee penalty rates?
In Australia, employees may be entitled to higher rates and extra allowances if they are covered by an award, registered agreement or enterprise agreement. These penalty rates were introduced inRead More
How do I calculate company tax?
Being a sole trader does not necessarily mean you have to operate your business alone. In short, yes – as a sole trader you are permitted to hire employees. AsRead More
Professional Employees Award 2020 — Key Changes for IT, Science & Auditing Employers
Recently, the Fair Work Commission made a notable amendment to the Professional Employees Award 2020 (‘the Award’). Awards are statutory agreements between employers and employee representative groups that cover key termsRead More
Are you paying your employees properly? 85 Degrees Case
Experience or exploitation? A Taiwanese coffee brand has been fined almost half a million dollars for its extraordinary exploitation of visa workers through purported internships and 70-hour work weeks. TheRead More
What is Undue Influence?
Forced, pressured, or coerced into entering a contract or agreement? At law, a court of equity will render a contract void if it has been procured by undue influence. EquityRead More