If you’re in business and employ staff, there is a raft of newly-implemented and incoming employment changes – and, you need to be not only across them, but actively prepared.
A 2018 Court of Appeal decision[1] has made a director liable for almost $500,000 of company debt due to the company’s failure to keep adequate accounting records.
It’s an exciting time watching your business really take off and hit its straps – although, that excitement is usually balanced by the reality of the new challenges and responsibilities that invariably come with growth.
If you receive a notice from your landlord notifying you of a rent increase on commercial premises, and you don’t agree with the new figure, what can you do?
In light of recent difficulties in the construction industry, not taking protective measures opens subcontractors up to recovery and enforcement issues. If you are a subcontractor, you should think about how to prevent your tools and equipment (including cranes and scaffolding) from being seized and sold by a receiver, and to ensure you have the best chance of getting paid.
One of the perennial problems that farmers face is that of stock wandering or stock getting out and interfering with, or causing damage to, neighbouring properties. Generally speaking, the issue of having a small number of stock grazing on your land for a short time until they are put back in the neighbour’s property may not be too great a concern.