Category: Uncategorized

Sale of a going concern

The sale of a ‘going concern’ is one of many ways you can choose to sell your business to a purchaser. However, you may be wondering as to why a business would choose to do this? This article will answer all …

Starting your own Etsy store in Australia

Have you ever thought about setting up your own Etsy store? If you make homemade goods, craft supplies or jewellery, marketing them to a wide range of people can be difficult. If you have considered starting a new business venture but …

What are penalty rates? 

Being rostered on on a Saturday or Sunday may sound a little bit daunting, given that weekends are often the days of the week where you can take time off to relax, recharge, and spend quality time with your friends and …

Sponsoring an employee

The current skills shortage in Australia has been an ongoing labour force issue, causing many employers to seek individuals who aren’t permanent residents or Australian citizens, to fill in a vacancy within a business. When sponsoring an employee, there are a …

How to change from being a sole trader to a company

Being a sole trader makes the most sense when initially tackling the wide world of business, however, what happens when you decide being a sole trader no longer serves the purpose you originally set it out to be? Usually, the answer …

Next of kin in Australia

The term next of kin is quite common in Australia, as people are generally required to write their next of kin on employment and hospital forms. So what is next of kin in Australia? And what responsibilities do they have? Read …

Is cash in hand illegal?

Cash in hand refers to paying your employee directly with cash, as opposed to via both parties banking institutions. Although it may be considered a dodgy practice, paying your employees cash in hand is not actually illegal. This blog post will …

Unfranked dividends; what are they?

The decision by companies to frank their dividends comes under the area of taxation law, but what does this mean? Here at Legal Kitz, we have prepared a short article on unfranked dividends from a legal perspective, beginning at what dividends …

Indefeasibility 

What is Indefeasibility? Indefeasibility stems from the word indefeasible which means ‘that which cannot be defeated, revoked, or made void’. This term usually applies to an estate or right that cannot be defeated.’ Indefeasibility is in reference to an interest in …