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’Wake-up call’ to bosses: utes no tax-free perk for staff on weekends

’Wake-up call’ to bosses: utes no tax-free perk for staff on weekends

by Shared by The Sydney Morning Herald | Jul 23, 2018 | News

In early July the tax office revealed dodgy work expense claims are a major contributor to what the agency estimates may be $8.7 billion of uncollected tax each year, and in the same week also finalised its stance on guidelines around Fringe Benefits Tax (FBT) on work...
Black economy crackdown: 8 million ABN holders face fee slug

Black economy crackdown: 8 million ABN holders face fee slug

by Shared by The Sydney Morning Herald | Jul 20, 2018 | News

Revenue and Financial Services Minister Kelly O’Dwyer will release a consultation paper on Friday to guide a revamp of the 20-year old ABN system. An ABN is unique identifier that allows the holder to run a business.Read the full article at the Sydney Morning...
Access to capital holding Australia’s female entrepreneurs back

Access to capital holding Australia’s female entrepreneurs back

by Shared by The Sydney Morning Herald | Jul 18, 2018 | News

“When I started my business 18 years ago, it was virtually impossible to find a female networking group. I ended up going to the local chamber of commerce,” she says.Read the full article at the Sydney Morning Herald.
Treasury secretary John Fraser resigns

Treasury secretary John Fraser resigns

by Shared by The Sydney Morning Herald | Jul 13, 2018 | News

Treasurer Scott Morrison’s former chief of staff Philip Gaetjens will be parachuted into the role only a month after he was appointed Australia’s ambassador to the Organisation for Economic Cooperation and Development (OECD) in Paris. Read the full article...
Next-gen banking still inaccessible for big chunk of Aussie customers

Next-gen banking still inaccessible for big chunk of Aussie customers

by Shared by The Sydney Morning Herald | Jul 12, 2018 | News

The platform was aimed at bringing banking into the 21st century by allowing people to transfer funds instantly and easily using just a phone number attached to a “Pay ID”.Read the full article at the Sydney Morning Herald.
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