Category: Australian Business Law

The sunset of trading names in Australia: What businesses need to know

Since 2012, the Australian Business Register (ABR) ceased collecting or updating trading names. Originally planned to be completely retired on 1 November 2018, the Australian government extended the transitional arrangements to 31 October 2023. Businesses must adapt, and this Business Kitz article …

Understanding PAYG tax in Australia: Your simple guide

Have you seen PAYG on your payslip, but not exactly sure what it is? This Business Kitz blog will take you through the basics of PAYG tax (Pay-As-You-Go), an essential part of Australia’s tax system. What is PAYG tax? PAYG tax …

Understanding Addendums: What is an addendum in contracts and agreements?

Addendums are more than just supplementary documents; they’re powerful tools that can enhance the clarity and flexibility of various agreements and contracts. In this Business Kitz blog post, we’ll delve into what constitutes an addendum, learn what sets addendums apart from other contract-related …

Understanding repudiation in contracts in Australia

In the realm of contract law, the term “repudiation” is crucial for individuals and businesses alike, as it can have significant implications on contractual relationships and obligations. In the Australian context, repudiation in contracts plays a vital role in determining whether …

Unlocking the Power of Affidavits: Your Comprehensive Guide

What is an affidavit? Affidavits are written statement of fact that is sworn or affirmed to be true under oath or affirmation before a person authorised to administer such oaths. It is a legal document used to present evidence, information, or …

The Essential Guide to ABN Checks: What You Need to Know

What is an ABN? The Australian Business Number (ABN) is a unique 11-digit identifier that plays a crucial role in the Australian business landscape. Whether you’re a business owner, a contractor, or simply a curious individual, understanding ABN checks is essential. …

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