From 1 July 2019, super fund members can make catch-up concessional contributions into their super account using their unused concessional contributions cap amounts from previous years.
Under the new ‘Protecting Your Super’ law, inactive low-balance super accounts will be automatically transferred to the Australian Taxation Office (ATO).
If you operate in the building & construction, cleaning or courier industries, you may need to lodge a Taxable Payments Annual Report (TPAR) by 28 August.
• ATO increases fuel tax credit rates.
• Taking advantage of cashless business.
• Positive business culture.
• And more.
What are Family Tax Benefits?
Why should I work out if I’m eligible?
Am I entitled to Family Tax Benefits?
If I’m eligible, when would I receive payment?
When you think of FBT you need to consider:
Car Fringe Benefits
Expense Payment Benefits
Thinking about a move to aged care? Consider these 7 steps when planning for aged care.
Click here for the full article that includes the 7 steps for aged care and how advice can help.
To become STP compliant you need a cloud based solution that can connect directly to the tax office.
If you are a secured party (have taken a charge against a creditor), it is important to monitor the registration terms and expiries.
The bill to extend Single Touch Payroll (STP) for small employers with less than 19 employees, was passed by the Senate in December.
Changes to long service leave were made in November which may affect your entitlements.
The 2018 Individual Checklist is now available.
Although small businesses do not have corporate social responsibility (CSR) programs in place as large companies do, they do have just as much opportunity to contribute to sustainable business.
Business values, much like personal values, influence behaviour and provide a set of rules or guidelines to follow. However, in a business context, values are often set and ignored.
Business owners are faced with making decisions every day. And although the degree of severity differs, some decisions can make or break a business.
Keeping the business in the family when you decide it’s time to retire is a common decision for many business owners. However, ensuring the change of hand is carried out effectively is seldom done right.
Businesses must be aware of their responsibilities at the end of the financial year.
The Australian Competition and Consumer Commission (ACCC) has announced its compliance and enforcement priorities for 2018.
The Australian Tax Office (ATO) is urging employers with 20 or more employees to prepare for the introduction of Single Touch Payroll.
Sexual harassment in the workplace is not a new topic for employers. But in light of the #MeToo movement, it is one worth revisiting.
When an employee is let go or they quit; there is a chance they are owed money, otherwise known as employment termination payments.
After major findings concerning unfair small business contract terms, the Australian Competition & Consumer Commission has continued the investigative focus, to ensure small business receive appropriate protection.
To protect honest, compliant Australian businesses, the Australian Taxation Office (ATO) has placed a strong emphasis on targeting the cash and hidden economy.
Ensuring employees are engaged and committed to their work will ensure they are making a valuable and profitable contribution to the business.
The Government has announced that the GST treatment of digital currency, such as Bitcoin, is now the same as using money for purchases of goods and services.
Creating an efficient workplace is desirable for both staff and business owners alike. Not only does it save money and time, it can also improve productivity and morale.
When it comes to public holidays, business owners have the responsibility of getting it right.