A company is a ‘separate’ entity, so a company seal acts as the signature of a company and can be used to validly execute certain documents. In this article, we will discuss what is a company seal, the requirements for using a company seal and whether a company seal is mandatory. What is a company
Employers take note! Important changes to the minimum wage and overtime payments
Employers take note! The Fair Work Commission has increased the minimum wage and has released several important changes that affect employers. In June 2020, the Fair Work Commission (FWC) announced a 1.75% increase in the Australian minimum wage. The wage increase applies to all Award wages and
Company Directors Beware: Increased liability for unpaid tax
In April 2020, company directors were made personally liable for their company’s unpaid GST, wine equalisation tax and luxury car tax. This liability has been added to director's previous personal liability for the pay as you go (PAYG) withholding tax and the superannuation guarantee
Budget 2020: Wrap-up for Startups
On Tuesday 6 October 2020, Treasurer Josh Frydenberg delivered the federal budget which has resulted in some significant tax cuts and even bigger infrastructure projects. If you look deeper into the Government’s Budget Paper, you will see some pretty nice wins for startups and small business. So,
How to Maintain an App
As important as the release of an app is its ongoing maintenance and upgrades. It is critical to keep in line with the provider’s software requirements, and ensure that it continues to meet your audience’s expectations. Many businesses fall into the trap of delegating a budget for initial app
Out of this world – The Space Industry by 2030
Oh, how the world can change in six months, but what about ten years? KPMG recently released a report where they asked 30 global leaders to predict what will happen within the space sector by 2030. KPMG got to the bottom of some burning questions, like 'are we able to live in space?' and 'how will
IP Australia: Upcoming fee changes
IP Australia will implement its new fee structure from 1 October 2020, including some increases in its registration fees. The fee structure changes mostly affect patent applicants, patent renewal fees and trademark applications. The changes aim to support innovators by balancing IP Australia's
Launch – How to release your App on the Google Play Store
Releasing an app is a big step forward for any business. While it may seem daunting, it isn’t as hard as it may seem. The two major platforms that developers release their apps on are Google Play Store and Apple App Store. This article help to inform you about how you can release an app on the
Launch – How to release your App (Apple App Store)
Releasing an app is a big step forward for any business. While it may seem daunting, it isn’t as hard as it may seem. The two major platforms that developers release their apps on are Google Play Store and Apple App Store. This article help to inform you about how you can release an app on the Apply
To App or not to App?
App - short for ‘application’- is the same thing as a software program. While an app may refer to a program for any hardware platform, it is most often used to describe programs for mobile devices, such as smartphones and tablets. Releasing an app can be a big step for any business. With an
The 101 of Retail Leases in Queensland
For all those Queenslanders that are taking the first step and leasing a retail space, this is an exciting moment. It's the time where your online business or side hustle from home turns into an actual brick and mortar store – a big step which only demonstrates that your business and your idea is
Incorporated Associations: Transition into a company structure
Do you run an incorporated association and are looking to restructure into a company structure? Let us explore what you need to consider and do to make that happen. Restructuring any not-for-profit organisation depends upon the organisation type, whether it is an incorporation and what