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Company Tax Compliance Not A Task For Amateurs

Meeting the compliance requirements of a range of state and federal legislation is just one of the challenges facing the modern business owner. Health and safety legislation, industrial relations issues, employment discrimination and environmental requirements are just some of the issues that must be dealt with on a daily basis. Taxation legislation is a completely different challenge, and one that affects business owners is company tax. Background Knowledge Needed to Understand Company Tax This is an area of compliance that

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Steer Clear of Tax Scams

The Australian Competition and Consumer Commission (ACCC) is urging Australians to hang up on and deleted tax scam emails after more than $1 million was reported lost to Scamwatch already this year, with over 300 people reporting that they lost money to tax scams in the first half of the year. These scams often use personal information found online and generally claim that you have underpaid you taxes and are required to repay the tax debt immediately or face frightening

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Changes to Annual Leave in Modern Awards

The Fair Work Commission (FWC) has varied some awards with new or changed terms about taking annual leave. Most changes take effect from 29 July 2016. There are changes to rules about: Cashing out annual leave; Taking annual leave in advance; Managing large (‘excessive’) annual leave balances; Payment for annual leave. Here is a summary of the changes below. Cashing out annual leave Most awards now allow employees to cash out annual leave, if they: Have at least 4 weeks

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