Estate Planning: What to Include in Your Will
The reason many people fail to create a legally binding Will is that they don’t know where to begin. Yes, you can use a basic kit but you are likely to end up with ‘holes’ that leave your family feeling confused and with a potential dispute on their hands. To prepare a thorough Will, it […]
How To Minimise Tax When You Sell Your Business
If you have worked hard on your business for many years, you are likely to have a plan to sell it at some stage. One question we are often asked about at LAL is how tax applies on the sale of a business. There isn’t a black and white answer, but this article will give […]
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 […]
How to Get the Money your Business is Owed
With prices rising and many of the COVID safety nets being removed, some businesses are slipping into the red. If you’re a supplier, this may mean you have a number of overdue accounts. At some stage, you are going to need to chase the funds. There are a number of debt recovery options available to […]
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 […]
Buying Real Estate with Your Partner: Do You Need a Prenup?
Buying real estate, can be an incredibly exciting process, particularly the first time around. If you’re intending to do so with a partner, it’s just as momentous and signifies a big step in the relationship, as you plan towards a happy future together. Buying property is the biggest purchase many Australians will ever make. So, […]
Why your Business Needs a Social Media Policy
There’s no denying that social media connects us, informs us and of course, entertains us. What was originally used by individuals for personal use has now expanded to use by businesses to advertise – and often with great results. However, social media should always be used with caution. You probably know about stranger danger already, […]