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How to handle Employee Serious Misconduct

Serious Misconduct can be defined as any conduct that includes willful or deliberate behaviour inconsistent with the continuation of the employment contract and causes imminent and serious risk to the health or safety of a person or the reputation, viability or...

Capital gains made by trusts

If you receive a distribution from a trust, you may have capital gains tax (CGT) consequences. If the amount by which an asset’s selling price exceeds its initial purchase price. Trusts include managed funds, such as property trusts, share trusts, equity trusts,...

How to handle a Bad Debt

Every business faces the challenge of collecting payment from non-paying clients and customers. This can have the potential to ruin your business, since you can’t always pay your own bills when you are waiting on money that never seems to be coming. Not to mention...

The essentials of a valid contract

A contract is an agreement between two or more parties in which legal obligations are created which are enforceable by law. Legal contracts are used to formalise agreements amongst all levels of society. In fact, throughout your personal life you will enter into...

Thinking of Investing in Property?

The decision over what type of property is the most beneficial, when it comes to investment properties, is one that has been debated for many years. Levels of capital growth, purchase prices, the amount of rent the property is expected to bring in and the current...

Have you got it right with Copyright?

What is Copyright? Copyright is a type of property that is founded on a person’s creative skill and labour. It is designed to prevent the unauthorised use by others of a work, that is, the original form in which an idea or information has been expressed by the...

Steps in the Bankruptcy Process

Bankruptcy occurs when an individual does not have enough money/assets to pay creditors or debt that is owed. If you find that you are unable to repay your debts, you can not just say that you are bankrupt. You must go through a formal process and be deemed eligible,...

Building Disputes: Tips to keep you sane

Building and renovating are complex tasks. Most of your clients will be extremely unfamiliar with the technical requirements and dimensions of your work. They may ask you many questions during the time you work for them and the way you respond to these inquiries...

Have you Registered your Business Name?

A business name is simply a name or title under which a person, or other legal entity, trades. It not only identifies you to your customers, but also allows you to differentiate yourself from your competitors and enables your customers to make an emotional connection...