Employers should be prepared for the increases to the Superannuation Guarantee (SG) rate. The steady climb in the SG rate requires employers to contribute more money into their employees’... read more →
In 2014, the ATO will be implementing changes to stop paper activity statements being sent. This change will apply when the businesses last lodged activity statement was electronic. ... read more →
In recent years, the ATO have noticed an increase in the number of invalid objections and withdrawn objections lodged by clients. In 2012-13, the ATO received over 2,600 invalid... read more →
The Medicare levy will increase from 1.5 per cent to 2 per cent from 1 July 2014. The money raised from this increase will be placed into a National... read more →
Individuals with high incomes may soon be faced with reduced concessions on their superannuation contributions as a result of Division 293 tax from 2014. Division 293 tax was introduced... read more →
Employers are reminded that the ATO will be focusing on businesses not complying with the Fringe benefits tax (FBT) system in 2013-14. The ATO will be paying particular attention... read more →
As businesses prepare for the Privacy Act reforms that are coming into play in March 2014, it is important they also look at the security of the personal information they... read more →
The past year has seen important changes in the area of employment laws. It is essential that all employers are up-to-date with these changes and are taking the necessary... read more →
A recent legal case in the Victorian Supreme Court has highlighted the importance of ensuring that the correct GST clause is used in business contracts. A properly drafted GST... read more →
Around this time every year people draw up a list of resolutions that they wish to achieve in the New Year. The New Year offers a chance to reflect... read more →