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PO Box 161 Kempsey NSW 2440

T 02 6562 3300

Posts Categorized: Business Law

Cyber security

Cyber security and our firm – what is all the fuss about?

Cyber security and client confidentiality plays a major role in our service to you. Whether we keep your details and dealings on paper or a computer – we need to ensure its security. Using up-to-date hardware and software is a good start in ensuring electronic data security. Law Firms have been targeted by cyber criminals for years. The most common […]

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GST

GST law change for the purchase of new residential properties

Tax Laws have changed from 1 July 2018. What is the new Tax Law? Purchasers of new residential properties, where the vendor is registered for GST, are required to pay a portion of the purchase price directly to the Australian Tax Office (ATO) on or before settlement of the purchase. How much GST is payable? The purchaser will be required […]

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Electronic contracts

How binding are electronic contracts?

Electronic contracts are becoming more frequent in both business and personal use. There are a number of ways an electronic contract can be executed: • Clicking a checkbox to acknowledge agreement. • Typing yes or I agree in a form online. • Signing a document with a stylus or your finger. • Using a facility such as DocuSign to electronically sign a document. These […]

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Cyber-Crime

How to protect your business from Cyber-Crime

Latest statistics reveal cyber-crime costs Australian businesses approximately $4.5 billion each year. Businesses can take out insurance for cyber-crime to protect against a cyber-attack and financial loss. However, prevention is better than cure. There is nothing worse than a disruption to your business. These days, the majority of businesses rely on computer systems to maintain their day-to-day operations. Any breach […]

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Buying a business

4 Handy tips for buying a business

Buying an existing business can often be a lot easier than starting a business from scratch. We’ve formulated a list of important tips to consider before buying a business. 1. Get accounting and legal advice before signing any contract. This may seem obvious, but you’d be surprised by how often this is overlooked. An accountant can advise you on trading figures, […]

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Changes to Retail Leases Act

Changes to the Retail Leases Act

Have you got a retail business? Are you leasing retail premises? From 1 July 2017, there are changes to the NSW Retail Leases Act. Disclosure Statement A Landlord is now required to provide a reasonable estimate of all outgoings payable by the tenant. Such as: Council rates Water Rates Insurance Cleaning Any other building running expenses What happens if the […]

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What you need to know about selling a business

Selling a business is more than getting your books up to date. It’s so much more than cleaning and having the premises in tip top shape for inspections. Of course, finding a buyer is your top priority. But, what happens when you find a buyer? Have you got a contract ready for them to sign? Unlike residential conveyancing, you don’t NEED […]

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