Category Archive for :‘compliance’

Managing Payments to Shareholders or Directors

Managing Payments to Shareholders or Directors

As a Company Owner/Director it’s normal to borrow funds from your company, however the ATO monitors any payments made to shareholders / Directors to ensure the Division 7A Rule is correctly...

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Employer Penalties Jump

Employer Penalties Jump

Last night the Senate passed legislation delivering a ten-fold increase to employer penalties for breaching the Fair Work Act

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ban on credit card surcharges

ban on credit card surcharges

From today businesses are banned from charging a surplus charge to their customers, on credit card and EFTPOS transactions. 

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Employees Cash Out Leave Entitlements

Employees Cash Out Leave Entitlements

Millions of Australian workers now have the ability to “cash out” their excess annual leave under new rules which came into effect this week.

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Superstream Deadline Extended for Small Business

Superstream Deadline Extended for Small Business

The Superstream deadline for small business has been extended from 1 July 2016 to 28 October 2016

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Tax Strategies for EOFY

Tax Strategies for EOFY

With the end of financial year fast approaching once again, it is a good idea to refresh your knowledge on some common tax tips and traps that are often overlooked in the rush to June 30.

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Audit Insurance can save thousands

Audit Insurance can save thousands

Protect your business from the expense of ATO Audits

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Minimum Wage Increase

Minimum Wage Increase

The Minimum Wage increase of 2.4% starts 1 July 2016

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