Directors’ Fiduciary Duties – What does this mean?

The role of a director is one that draws numerous responsibilities. Directors are considered to have fiduciary duties owed to the company. It is crucial that directors comply with such duties as a failure to do so may leave them personally liable to civil or criminal...

Contesting a Will – Recent Case Law

“Eligible persons” under the Succession Act 2006 (NSW) (“the Act”) may make a Family Provision Claim where they have been inadequately provided for within a deceased person’s Will. Such a claim must be brought within 12 months of the deceased passing away unless the...

Keeping good records: What you need to know

The Australian tax system relies on taxpayers’ self-assessment. This means that you are responsible for working out how much you have to declare and can claim on your tax return. You also need to be able to show how you arrived at these figures and are generally...

How to Legally Maximise Your Tax Deductions

As an Australian resident for tax purposes you are liable to pay an income tax on your taxable income which is calculated by subtracting allowable deductions from assessable income. The greater the deductions that you can claim, the smaller will be the taxable income...

Do you develop Apps and sell them?

The development of an application or app as it is more commonly referred to has created another avenue for individuals to derive income. It seems their is an opportunity for individuals to develop an app for anything, whether it has a specific functional purpose or it...