Tag: australianbusiness

What is PAYG withholding?

At the end of each financial year, many business owners struggle to comprehend how to process the many elements of both their company and employees’ taxes. For this reason, it is essential that employers utilise PAYG withholding, an accurate system which …

What are Replaceable Rules in the Corporations Act?

If a company does not wish to have a constitution, they have the option of using replaceable rules. Replaceable Rules refers to a provision of the sections and subsections of the Corporations Act which are designated under section 135 of the Act …

What does ‘without prejudice save as to costs’ mean?

Where does the phrase ‘Without Prejudice Save as to Costs’ come from? “Without prejudice” can be one of the most abused and misunderstood legal phrases, but it is also a vital legal tool designed to assist parties in settling their disputes …

Employee vs contractor: what’s the difference?

When engaging a worker for your business, it is important to determine whether that worker is an employee or an independent contractor. It is critical to determine which relationship exists, as employees and contractors have different rights and entitlements that your …