The start of the new 2016/17 financial year has seen some important changes to Australia’s employment laws. Every Australian employer has a responsibility to remain up to date and aware... read more →
The Australian Tax Office (ATO) has simplified the way fuel tax credits are recorded and calculated for businesses that claim less than $10,000 in fuel tax credits each year. Businesses... read more →
Some small businesses make simple mistakes; others just don’t provide the right information. Make sure your business is not caught out by filling out your business activity statement correctly. Here... read more →
The Fair Work Commission has increased the high income threshold for unfair dismissals from $136,700 to $138,900 per annum, with effect from 1 July 2016. Under the Fair Work Act... read more →
Many Australians overlook the tax deduction they have available for the premiums paid for income protection insurance. Income protection insurance policies are designed to protect individuals in the event they... read more →
The ATO has begun issuing letters to rental property owners in popular holiday locations whose rental income was lower than expected. In the lead up to the end of financial... read more →
The end of the FBT year is fast approaching, and it is a good time to reflect on your FBT plans for 2016-17. Fringe benefits are benefits that you provide... read more →
The ATO is targeting those who rent out their property for a few weeks during the year but claim a full year’s worth of tax deductions. The tax office will... read more →
Business owners preparing for the sale of their business can take advantage of the “going concern” exemption which allows a business to be sold GST-free. The supply of a going... read more →
Determining whether payments to a contractor are covered by the superannuation guarantee (‘SG’) regime can be a vexed and difficult exercise. Of particular interest is whether an incorporated contractor is... read more →