Employing casual employees?
If you employ casual employees, then these changes affect you and they start on 24 August 2024. The changes include how casual work is defined, the pathway to […]
Employees
Do I get taxed more on my second job?
The simple answer is No. When completing you tax return you will get taxed on all income you have earned during the year. This can include interest received […]
Thinking of Hiring Working Holiday Makers?
Before you employ working holiday makers, make sure you are aware of the specific requirements by the ATO when it comes to registering….
So what’s your exit strategy?
I was always told ‘before you sign up for something make sure you know how to get out’. Nothing rings truer than for those of you who own your own….
Start Organising Your Records!
The 2024 Fringe Benefits Tax (FBT) year ends on 31 March 2024. (Really?) Yes! The FBT year runs from April to March (unlike the Australian financial year which runs from….
Can I make my employee redundant?
When can I make an employee redundant? You can only make an employee redundant in the following circumstances:
Thinking of investing in your employees? It’s not too late!
Several studies have shown that investing in people is profitable. A study conducted by The Census Bureau for the Federal Department of Education revealed….
Directors! Are you meeting your super obligations?
As a director, you are legally responsible for ensuring your company meets its superannuation guarantee obligations. Lodging Super Guarantee Charge statements with the ATO….
Is It Food And Drinks Or Entertainment?
Are you claiming legitimate deductible food and drink expenses or are you providing non-deductible entertainment? Unsure? Read on…
What is PAYG Witholding?
When you pay your employees, you must withhold a certain amount of tax from their pay and pay this to the ATO.This is called….
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