Updates

In case you are not aware of it, Small Business Assist is a user-friendly tool provided by the ATO as a FAQ platform on topics related to small business tax and superannuation. The tool is available online, and can be

If you are considering hiring new staff, here is a check list to ensure you have considered the important points. Tax and superannuation obligations Always keep in mind of your obligations in terms of tax and superannuation. Set up reminders

If there is an existing business in which you are debating on buying or even taking over from another family member, you should perform some detailed analysis and planning before proceeding with it. Here are a few pointers to consider

The late Kerry Packer once said: “I am not evading tax in any way, shape or form. Now of course I am minimising my tax and if anybody in this country doesn’t minimise their tax they want their heads read

This protocol was developed to address the issue of late trade payments, which had been a gradual increasing phenomena, that badly affects small enterprises who supply to large business customers that pay late. Thus in 2013, the government had developed

12 March 2014 was when changes to the Privacy Amendment Act 2012 (Cwlth) commenced. This replaces the existing National Privacy Principles with the 13 Australian Privacy Principles (APPs), in which they list out information that organisations must have in their

The Personal Property Securities Register (PPSR) is where details of security interests in personal property can be registered and searched. PPSR, which commenced on 30 January 2012, had been undergoing transitional arrangements ever since. These arrangements were to smooth out

Bankruptcy is a tough problem to deal with. Apart from the stress, there is also the uncertainty on what will become to their assets and belongings. When someone goes bankrupt, the individual’s assets would be granted to a Trustee. Nevertheless,

Effective January 2014, the Anti-Bullying Regime would commence, for which the Fair Work Commission had announced its procedures. Knowing what workplace bullying is They come in different forms, from verbal to physical, social or even psychological abuse. Some examples are:

A legislation was brought forward as an update to the 2011/2012 Federal Budget, confirming that, for Capital Gains Tax (CGT) purposes, the ATO would treat the Trustee of a Testamentary Trust similarly to that of the executor of a deceased