penalties

Labor announces planned doubling of penalties for tax avoidance schemes 1

Labor announces planned doubling of penalties for tax avoidance schemes

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 […]

Labor announces planned doubling of penalties for tax avoidance schemes Read More »

Six-figure penalty for incorrect payroll 3

Six-figure penalty for incorrect payroll

A recent court case saw $143,000 in penalties handed down to the operator of two food outlets in Brisbane. The company, its director, and the company’s former payroll manager all received fines after underpaying two workers and ignoring previous warnings to rectify the issue. The Fair Work Ombudsman launched legal action against the company following

Six-figure penalty for incorrect payroll Read More »

Scroll to Top