Updates

Increasing productivity is crucial for small businesses because not even multinationals are immune from the requirement to boost their productivity. Toyota recently announced the redundancy of 350 jobs at its plant in Melbourne plant due to a decline in its

Managing your business through organizational and process changes is complex. These business changes require behavioral change from your employees. Each person will react differently. Some will adopt it, some will embrace it and some will reject it. To successfully implement

Trade Mark infringement is serious. If your business name infringes on another business’ existing trade mark, it can mean the end of your business. The Australian Government has set up a website called ‘Trade Mark Check’ to make it easy

Under the State and Commonwealth law, directors and other officers may have personal liability for unpaid corporate debts if: the officer makes misleading statements assuring a creditor that a future payment will be made; the creditor relies on the statements;

A recent Federal Court decision has implications for taxpayers in a variety of industries who receive payments for services. In Qantas Airways Limited v. Commissioner of Taxation, the Court agreed with Qantas’ claim that it was eligible to claim GST

From 1 July 2012 small business depreciation rules will have significant changes. The amendments will apply to small business entities as defined in Section 328-110 of the Income Tax Assessment Act 1997 (Cwlth) that have an aggregated turnover of less

Currently, you can currently transfer the ownership of some types of property directly into your Self-Managed Superannuation Fund (SMSF). This is known as an ‘off-market transfer’ and ‘in specie contribution’, and the value of the property transferred will be counted

Superannuation contribution caps are low and the penalty tax for exceeding the caps is high. It is extremely important to keep track of how much you have contributed and how close you are to the caps to avoid being hit

All employers will soon be subject to new superannuation contribution reporting requirements. Starting 1 July 2012, all employers must report on all employees’ pay slips an anticipated date by which they will make that employee’s super contribution. You should note,

With recent economic downturn, downsizing staff can be an unavoidable experience. This can be heartbreaking for both employer and employee.  There are a few steps employers can take so employees have a smoother transition to life after losing their job.