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casual employees

The Casual Conversion Clause and how it may affect your business

July 10, 2019

Are you aware of the Casual Conversion Clause and how it may affect your business? What is the causal conversion clause? The new casual conversion clause, which came into effect on 1 October 2018, addresses the obligations of employers who have casual staff working on a regular and systematic basis. This clause affects over 80 […]

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Are you ready for the minimum wage increase from 1 July 2019? 1

Are you ready for the minimum wage increase from 1 July 2019?

July 4, 2019

The national minimum wage increased by 3% from 1 July 2019 to $19.49 an hour which, according to the Fair Work Commission, will affect over 2 million workers.   Who does it apply to? It applies to: all modern awards for employees on minimum wage; and the national minimum wage for award free employees. This […]

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Labor announces planned doubling of penalties for tax avoidance schemes 2

Labor announces planned doubling of penalties for tax avoidance schemes

November 16, 2018

The opposition is proposing a hefty increase in penalties for those found marketing tax avoidance schemes, should they win the next election. In recent years the Australian Taxation Office has begun a crackdown on accountants and lawyers who are found to promote tax avoidance schemes to their clients. Corporate entities can face fines of up […]

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2018 Annual Wage Review decision announced 4

2018 Annual Wage Review decision announced

June 1, 2018

The Fair Work Commission has today announced the decision from its 2018 Annual Wage Review. The commission live-streamed the handing down of the decision on Friday 1 June 2018, announcing the national minimum wage will be increased by 3.5%. The new national minimum wage will be $719.20 per week or $18.93 per hour. The increase […]

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super stream

SuperStream compliance deadline approaching

June 23, 2016

From 30 June 2016 businesses need to ensure they and/or their clients are SuperStream compliant. SuperStream is a standard for electronically processing superannuation information and payments, and must be used by employers, self-managed super funds and APRA-regulated funds. The ATO has announced it will provide compliance flexibility to small businesses that are not yet SuperStream […]

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Changes to Superannuation Guarantee and instant asset write off for small business

September 3, 2014

The Palmer United Party senators have agreed to pass the Mining Tax Repeal Bill (now called Minerals Resource Rent Tax Repeal and Other Measures Bill 2014) and this Bill reduces the instant asset write off for small business. This means: The Superannuation Guarantee will be frozen at 9.5% and won’t reach 10% until 2021, rising […]

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