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Browse or search our extensive collection of articles below.

    When do employees pay tax on employee share scheme interests?

    An employee who acquires an interest under an employee share scheme will generally be required to pay tax. However the time at which this tax is payable, and also the way in which the tax is ...

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    Eligibility criteria for the ESS start-up concession

    Since July 2015, the Australian Government has been allowing concessions to eligible companies in an effort to improve the competitiveness of Australia’s tax treatment of employee share schemes. This ...

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    Introduction to AS 4902

    AS 4902, more formally known as AS 4902-2000 General Conditions of Contract for Design and Construct, is one of the most widely used forms of head contract for design and construct projects in ...

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    What is a construction management contract?

    A construction management contract is one type of Early Contractor Involvement (or ‘ECI’) arrangement, and differs from a traditional lump sum model in a number of respects. This article explains the ...

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    The different types of construction contract explained

    This article explains the different types of construction contract, and explains how to choose the right type of contract for your next project. Although the same general principles should apply to ...

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    What is a provisional sum?

    A provisional sum is an allowance included in a fixed price construction contract for an item of work that cannot be priced by the contractor at the time of entering the contract.

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    10 differences between AS 4000 and AS 2124

    Both AS 2124 and its successor AS 4000 are widely used forms of construction contract in Australia. Although they have many similarities, there are some significant differences.

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    Introduction to AS 2124

    The Australian Standard AS 2124-1992 General Conditions of Contract remains a widely used form of construct only head contract, despite it having been succeeded by AS 4000-1997 and now being almost ...

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    What is the defects liability period (DLP)?

    The defects liability period (or 'DLP') is a fixed period of time, starting from the date of practical completion, during which the contractor has an express contractual right to return to the site ...

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    How to claim a variation under a construction contract

    Construction contracts usually contain specific procedures for claiming a variation - which, if not followed, can result in your entitlement to claim being lost. There are six basic steps to follow ...

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    Introduction to AS 4000

    AS 4000, more formally known as the Australian Standard AS 4000-1997 General Conditions of Contract, is one of the most widely used forms of head contract for construction projects in Australia.

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    What is Early Contractor Involvement (ECI) and how does it work?

    Early contractor involvement (or 'ECI') is a method of construction contracting that allows a builder to become involved, and potentially start work, before the design has been completed.

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    Posts by Greg Henry | Principal :

    6 signs your subcontract needs an urgent upgrade

    It’s out of date. Nobody understands it. Subcontractors object to it. It’s clunky to assemble. It’s been written for another jurisdiction. You have to pay licence fees whenever you use it.

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    5 common subcontracting mistakes

    Although contractors sign new subcontracts every day, there is a surprisingly big gap between those who do it well, and those who do not. Errors in subcontracting can waste time, cost money and expose...

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    When is a construction contract frustrated?

    Sometimes an unexpected event will make the continued performance of a contract impossible or of a completely different nature to that originally agreed. Where this occurs, the doctrine of frustration...

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    An introduction to terminating a construction contract

    There are two basic steps to terminating a construction contract. The first is to make sure that you have a right to terminate the contract. The second is to follow the right process. This article pro...

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    5 ways your contracts could be losing you money

    Both AS 2124 and its successor AS 4000 are widely used forms of construction contract in Australia. Although they have many similarities, there are some significant differences.

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    6 reasons to work on your business exit strategy now

    A business exit is the only opportunity you will ever have to convert the underlying value of your business into cash. Regardless of when you think you might exit, you will exit at some point, and it’...

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