The last 3 decades have seen a substantial growth in the number of people in Australia establishing a family/discretionary trust. The benefits of such an arrangement have been largely touted by professionals around 2 areas – asset protection and tax benefits. The issue of whether a corporate trustee is best suited as opposed to an […]
Restraint of trade clauses are now quite commonly used in employment contracts, but this wasn’t always the case. A covenant in restraint of trade, also sometimes referred to as a ‘non-compete’ clause, is a term in an employment contract that requires an employee, after leaving an employer, not to perform a particular type of work […]
A trading name was a name used by an entity or person to trade under, without it being registered as a business name. Trading names were collected prior to 28 May 2012 by the Australian Taxation Office (ATO). They will be displayed on the Australian Business Register (ABR) until 31 October 2018. You are still […]