Sometimes business owners need their employees to develop or grow their expertise and skills in a particular area. While training courses like seminars and one-day intensives can be a worthwhile... read more →
It's time to prepare a PAYG payment summary for each person you employed during the financial year ending 30 June 2013. The PAYG payment summary must be given to the employee... read more →
ATO Increase Penalty Units There are now greater penalties in place for breaches of most Australian tax laws. The ATO has increased the value of a penalty unit from... read more →
Small businesses entitled to refunds of GST may not be aware of the four year time limit on claiming those refunds. GST refunds are claimed under the indirect tax laws,... read more →
When hiring, employers need to understand the differences between an employee and a contractor to avoid costly consequences. Many businesses get it wrong when determining if a worker is an... read more →
The new financial year saw new reporting requirements for the construction industry. The Government announced the introduction of taxable payment reporting in the last Federal Budget. Businesses that operate in... read more →
Important Changes For Company Directors On 29 June 2012 the Tax Laws Amendment (2012 Measures No.2) Act 2012 received royal ascent. These taxation laws amendments may have serious... read more →
Companies will be permitted to carry-back up to $1 million of losses annually against taxable income arising two years prior. It is an attempt to stimulate investment and risk taking... read more →