Latest News

Hot Issues
spacer
Write a business plan
spacer
Two Cautionary Tales About Resources Important to Anyone Using a Domain Name or Website
spacer
What Are the Privacy Policy Requirements for Australian E-Commerce Businesses?
spacer
Privacy Compliance Sweep 2026: Is Your Business Ready?
spacer
Foreign investor fined $370k as ATO cracks whip on land banking
spacer
The AI moment in accounting will follow a familiar pattern
spacer
Latest Intergenerational Report points to stubborn productivity issues that AI cannot fix
spacer
Check out the smartest species on earth: Data from 200M BC to 2026
spacer
Steps to close a business
spacer
Paid parental leave super contributions have started
spacer
How Do I Write Legally Compliant Terms and Conditions for My Business?
spacer
Don’t get caught out at tax time with your multiple jobs
spacer
Division 296 tax on large super balances
spacer
More of the same with latest missive from Treasury
spacer
'No place to hide': ATO puts contractors on notice over $1bn in missing TPAR payments
spacer
Check out the largest castles by country
spacer
ATO no longer treating debt the same as during COVID
spacer
Warning for early lodger this tax time!
spacer
Global companies turn to cost-cutting amid ongoing inflation
spacer
Don’t get caught out at tax time with your multiples jobs
spacer
Does Your Small Business Need to Follow AML Privacy Rules?
spacer
SMEs warned as ATO ramps up tax debt collection
spacer
Taxpayer given 35% penalty for BAS recklessness
spacer
How Our Diets have Changed.
spacer
Tips to help you this tax time
spacer
Tax Time Checklists Individuals; Company; Trust; Partnership; and Super Funds
spacer
ATO warns millions of Australian chasing tax deductions to stop making 'unusual' claims
spacer
Impersonation scams are on the rise
spacer
Components of a cyber security plan
spacer
Social Security Payments and Their Effect on Discretionary Trusts
spacer
LRBA ban no better for housing supply or retirement, accountants clap back
spacer
The evolution of the world's languages
Article archive
spacer
Quarter 2 April - June 2026
spacer
Quarter 1 January - March 2026
spacer
Quarter 4 October - December 2025
spacer
Quarter 3 July - September 2025
spacer
Quarter 2 April - June 2025
spacer
Quarter 1 January - March 2025
spacer
Quarter 4 October - December 2024
spacer
Quarter 3 July - September 2024
spacer
Quarter 2 April - June 2024
spacer
Quarter 1 January - March 2024
spacer
Quarter 4 October - December 2023
spacer
Quarter 3 July - September 2023
spacer
Quarter 2 April - June 2023
spacer
Quarter 1 January - March 2023
spacer
Quarter 4 October - December 2022
Two Cautionary Tales About Resources Important to Anyone Using a Domain Name or Website

This warning is new, but the reason for forgetting to renew a domain name isn’t.

 

1. Not renewing a domain name you want to keep

This warning is new, but the reason for forgetting to renew a domain name isn’t.

Today, a domain name is one of the most important digital assets a practice has, yet far too many practices still risk what happened in this story.

Domains are generally registered for periods of two to five years. During that time, people move on, email addresses are lost, IT support arrangements change, and contact details become outdated. The result is that domain renewal notices can fail to reach the person responsible for the domain.

If a domain expires and is subsequently deregistered, someone else can potentially take ownership of it.

In this case, a practice failed to renew its domain name on time. In the past, it was often possible to renew a domain after it had expired and everything would be OK. That is the part that has changed.

In this instance, GoDaddy took control of the domain after it mistakenly expired. That should still have been recoverable. But this time, the registrar would not allow the practice to renew the domain unless it paid almost $3,000 to ‘buy’ it back.

BEWARE. We have never seen this before. It appears to create a new potential income stream for domain registrars, so make sure you know where your domain records are held and keep a close eye on them.

2. Images used on a website without copyright authorisation

This has been an issue for the past two decades, but it has raised its ugly head again.

The issue concerns copyright ownership of images used on websites. Twice in the past few months, our clients have been contacted by a new player in this area called COPYTRACK.

On both occasions, COPYTRACK wanted our clients to pay several hundred dollars for alleged copyright infringement. While image copyright is important, in these particular cases, we believe the claims are most likely to be unfounded. Each time, the images in question were covered by our Getty Images subscription, which we maintain for our clients to help protect them from copyright infringement claims.

We know of others who have paid up to $2,500 per image to settle similar infringement claims.

In any case, always make sure your website developers are using images appropriately licensed for your use and that you have evidence of that authorisation. This can help protect you from unnecessary copyright claims.

AcctWeb/PlannerWeb

Liability limited by a Scheme approved under Professional Standards Legislation.
© O'Brien and Partners 2024 - All Rights Reserved | 333 Canterbury Road, Canterbury VIC 3126 | Tel: 03 9509 3911 Site by Acctweb