The Cautionary Tale of the Melbourne Corporation Ruling
This is a case that has piqued interest from a lot of people. In multiple proceedings handed down in August, the Federal Court held that nearly all deductions amounting to several million dollars claimed by three entities controlled by one individual should not be allowed. This is a case referred to as Melbourne Corporation of […]
Solving Insolvency Without Liquidating
In these rapidly evolving times, demand from consumers is shifting, product availability has changed, and costs are becoming unmanageable for many businesses. If your company is experiencing financial trouble and you can’t see a simple way out, it may be time to explore insolvency. Many business owners assume that becoming insolvent means liquidating. When this […]
The Steps for Insolvency for Debtors
The term insolvency describes the situation where an individual or business cannot pay bills when they are due. Take a look at some of the options and steps involved with the insolvency process if you are a business. How do you know if you are insolvent? The signs you are insolvent are: If the number […]
Five Must-Knows About Trademarks and Business
You may have a unique business that stands out from the crowd but if you don’t take the steps to trademark you may end up with a situation where a competitor copies your logo, name or tagline. This will undo a lot of hard work and can even lead to expensive legal issues. Trademarking can […]
What to do if you get a director penalty notice
Anyone can start a business in Australia, which is a positive thing because businesses present incredible opportunities to make money and create jobs for others. However, starting and operating a business can be complicated. Many people find they have bitten off more than they can chew, especially when it comes to paying taxes. If you […]