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Innovative tax incentives to support start-ups

As one financial year draws to a close and after businesses have maximised their potential tax concessions for this year, it is never too early to start to focus on what opportunities are available for the year ahead. A new scheme which may be of interest to many...

Commercial Basics: Offshore outsourcing

Outsourcing to overseas contractors (‘offshoring’) is often seen as an attractive option for businesses wishing to remove the cost burden of non-core activities. Low wage costs mean that overseas contractors can often provide services at a significantly lower cost...

Commercial Basics: What is due diligence?

Due diligence is the stage during a business sale, where the business is investigated by the purchaser. The process entails the purchaser (or rather those acting for purchaser) reviewing the documents and information belonging to the business to verify the accuracy of...

Commercial Basics: Partnerships

Business partnerships are common business structures in Australia. Partnerships are where 2 or more individuals, corporate or other entities, agree to carry on business together with a view to profit. To be successful, all of the partners in the partnership must have...

Commercial Basics: Intellectual Property Cribsheet

Copyright Copyright covers textual material (literary works), films, sound recordings, broadcasts, computer programs, compilations, artistic, dramatic and musical works. Term – the life of its creator + 70 years. Patents Inventions – devices, methods, processes...