Life does not always go to plan. While we logically know that, most of us don’t plan for the worst - it’s all a bit morbid and time consuming.The downside of not having a strong estate plan is the potential for hard earned assets to be squandered. If you are a business owner, then the stakes are even higher.
ePayroll released answers to the most common Single Touch Payroll questions, straight from the ATO themselves. STP will become mandatory for all businesses in July 2019.
We've looked at the issue of Employees Vs Contractors before in response the ATO cracking down on improper use of ABNs. This time we get into the nitty gritty using the case study of Joshua Klooger, a former Foodora Australia delivery rider.
The Single Touch Payroll (STP) reporting requirements have been extended, so they apply to all employers - regardless of the number of employees.
The Government restricted travel deductions to stop residential property investors from using the tax system to pay for their holidays by claiming costs as a rental expense.
The new laws make significant changes to LSL in Victoria, which both employers and employees should be aware of.
For a while now, the Australian Taxation Office (ATO) has…
Legislation passed by Parliament in late August introduces a new…
The ATO is keen to point out that income earned from car sharing services and similar activities needs to be declared.
When everything is going well, creating and maintaining a succession plan might not seem like a top priority. However, it is a critical element when thinking strategically about your business. (more…)