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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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    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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    Can contract notices be sent by email?

    With businesses conducting the majority of their day-to-day communications by email, it can be easy to assume that email will be a valid form of communication under a contract. However that will not ...

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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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    What's the difference between arbitration and mediation?

    Arbitration and mediation are two very different processes that allow parties to resolve disputes outside of court. Mediation involves a facilitated negotiation, whereas arbitration involves a third ...

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    Posts by Greg Henry | Principal :

    4 key ingredients for a successful employee share scheme

    Creating a successful employee share scheme (ESS) or employee share option plan (ESOP) is all about careful planning. Because there are so many ways you can structure an ESS or ESOP, it is important t...

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    What is a share subscription agreement?

    A share subscription agreement sets out the terms on which an investor agrees to buy shares from a private company. It is often used to formalise informal arrangements agreed between the parties in a ...

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    Employee Share Schemes Tax Basics

    The tax rules that apply to employee share schemes in Australia are extremely complicated. This post explains the basics, and also explains how companies commonly structure employee share schemes in r...

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    What is the vesting period in an ESOP?

    The vesting period in an ESOP is the initial period when participants do not have access to all of the rights that would otherwise attach to their options or shares. This article explains how they wor...

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    How do employee option schemes work?

    Employee option schemes are designed to allow employees to share in the value of the company’s future growth. This post explains how they work.

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    What's the difference between legal information and legal advice?

    Given how much free legal information is available online these days, it might be tempting to avoid the cost of speaking with lawyers. But there's a huge difference between legal information and legal...

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