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Top Connells Point Building & Construction Questions

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Q
What is the difference between a sole trader and a company?

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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to the...

Q
What should be included in a franchise disclosure document?

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A franchise disclosure document should include details about the franchisor, the franchise system, fees, and obligations of both parties.;It must also provide financial information, contact details of current and form...

Q
How can a will be updated or revoked?

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A will can be updated through a codicil, which is an amendment to the original will, or by creating a new will that revokes the previous one.;To revoke a will, the testator can destroy the original document or include...

Q
How do I ensure compliance with consumer protection laws?

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Businesses should understand the Australian Consumer Law (ACL) and ensure their practices comply with fair trading regulations.;They should also have clear refund and returns policies and provide accurate product info...

Q
What are the tax obligations for small businesses in Australia?

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Small businesses must register for an ABN and possibly GST, and they need to comply with payroll tax and superannuation requirements.;Income tax returns must be filed annually, and businesses should keep accurate fina...

Q
How long do I have to file a motor accident claim?

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The time limit for filing a motor accident claim varies by state but is typically between one and three years from the date of the accident.;It is crucial to seek legal advice promptly to ensure compliance with these...

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