TOPIC
Payday Super arrives midyear. Are your clients ready?
Payday Super will mean more admin and costs for small businesses, says the IPA's Tony Greco. It's time to prepare.
Consumers warned not to deal with Green Magic Homes
Minister for Fair Trading, Eleni Petinos, said Green Magic Homes is no longer able to advertise, contract for, or carry out any residential...
80¢-an-hour WFH shortcut ends in July
The general manager of technical policy at the IPA, Tony Greco, said the shortcut method of claiming WFH expenses was one of the few remaining...
Disaster assistance extended following southern Qld flooding
The assistance is made available through the jointly funded Commonwealth-State Disaster Recovery Funding Arrangements (DRFA). The Bulloo,...
Professionals urged to review profit allocation ahead of 1 July
In December last year the ATO released Practical Compliance Guideline 2021/4, which applies to arrangements where taxpayers redirect their income...
ATO advice on debts on hold
The ATO advises that debts on hold are not visible on an account balance but remain payable and new credits and refunds are offset against it....
Professional firm profit allocation arrangements
This ATO compliance approach applies from 1 July 2022. PCG 2021/4 outlines the ATO compliance approach to the allocation of profits or income...
The skill drought dilemma: Pay up, or lose staff
Some mundane tasks could reward better than accounting roles and people were being lured away, said the senior manager of business and investment...
Digitised but disconnected: 3 in 5 SMEs report digital solutions are hindering, not helping
In a survey of 1,500 Australian SMEs, 59 per cent say they are currently experiencing ‘bad digitisation’ - where their business and people...
Free mental health support for small business
The free program, delivered by Transitioning Well, focuses on providing hands-on guidance to help small-business owners make changes in their...
Tax Planning: More than compliance
With a minimum company tax rate of 25 per cent, Australian businesses must carefully consider their options and find ways to reduce their overall...
