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Archive for category: Tax
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Closing your business? What you need to know
Understand the record-keeping rules essential for closing your business, from tax obligations to super and Single Touch Payroll. Stay compliant post-closure.
... read moreGoing once, going twice; get your GST right at settlement
Discover the essentials of GST registration for property sales exceeding $75,000. Find out how it affects settlement and your BAS reporting.
... read moreAre you providing entertainment this holiday season?
Explore the implications of fringe benefits tax (FBT) on your staff holiday celebrations. Learn how to determine if your employee perks are FBT liable.
... read moreOffsetting credits and refunds from debts on hold
Explore the ATO’s new approach to managing debts on hold for small businesses, understand offsetting, and discover solutions for effective debt management.
... read moreWhen is food GST-free?
Delve into the complexities of GST on food items, illustrated by Chobani’s case. Discover key insights into what makes food GST-free or taxable.
... read moreUp to 10 years in prison for deliberate ‘wage theft’
Explore the critical aspects of the proposed Australian legislation targeting deliberate wage theft, including hefty fines and new definitions for casual employees.
... read moreFixed-term employment contracts limited to 2 years
Stay updated with the Dec 2023 changes to fixed-term employment contracts. This article explains the new limitations and their implications.
... read more$20k deduction for ‘electrifying’ your business
Discover how small and medium businesses can maximise a 20% tax deduction on energy-efficient upgrades and electrification. This limited-time opportunity is set to expire by June 30, 2024. Find out what qualifies.
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