Published Material
Many government bodies are becoming more aggressive in relation to the ownership of intellectual property (“IP”) in projects they are funding. This impacts on anyone who creates IP for the Government and, in particular, the pricing of that work.
Think carefully about dodgy work related expenses claims. For example, can I claim the noise cancelling earphones used for zoom conference and phone calls in a busy home with three people WFH during Melbourne iso?
Although a sale of business is a somewhat standard transaction that clients engage in, the tax issues associated with aspects of the transaction, such as the proper allocation of sale proceeds, can be a tricky exercise. The client should be aware that there is little opportunity for “manipulating” the allocation to achieve a lower tax bill.