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...
Employer Penalties Jump
Last night the Senate passed legislation delivering a ten-fold increase to employer penalties for breaching the Fair Work Act
ban on credit card surcharges
From today businesses are banned from charging a surplus charge to their customers, on credit card and EFTPOS transactions.
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.
Superstream Deadline Extended for Small Business
The Superstream deadline for small business has been extended from 1 July 2016 to 28 October 2016
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.
Audit Insurance can save thousands
Protect your business from the expense of ATO Audits
Minimum Wage Increase
The Minimum Wage increase of 2.4% starts 1 July 2016