Unpaid super given amnesty treatment for SMEs

Unpaid super given amnesty treatment for SMEs

The amnesty began on Thursday under its Treasury Laws Amendment (Superannuation 2018 Measures) Bill 2018.Under the amnesty, employers must pay all that is owing to their employees, including the high rate of nominal interest, said Minister for Revenue and Financial...
Government moves on SME subcontractor protections

Government moves on SME subcontractor protections

Earlier this week, the government released the final report of its review of security of payment laws within the building and construction industry.It made 86 recommendations to improve consistency in security of payment legislation as well as enhance protections to...
Bulk of business scam losses from SMEs, stats reveal

Bulk of business scam losses from SMEs, stats reveal

According to the ACCC’s Targeting scams 2017 report, SMEs represented $3.82 million (81.4 per cent) of the $4.66 million in reported losses through business scams in 2017.SMEs also represented 3,732 (68.7 per cent) of the 5,432 reports it received from businesses in...
IPA queries government case on SMSF audit cycle

IPA queries government case on SMSF audit cycle

IPA chief executive Andrew Conway said the Institute was working with Treasury and with the Minister for Revenue and Financial Services Kelly O’Dwyer over the proposal.He questioned whether reducing the audit cycle would enhance regulatory oversight and transparency...
Pay rises to be lesser but more widespread, survey finds

Pay rises to be lesser but more widespread, survey finds

The Hays 2018-19 Salary Guide found that two-thirds of employers will give their accounting staff a pay rise of less than 3 per cent in their next review, while 11 per cent will not increase salaries at all.A further 18 per cent will give staff an increase of between...