Browsing Archive

October, 2019

Super

Travels with my SMSF

By On October 31, 2019

Travelling overseas for an extended period of time is an exciting adventure and a chance to have a break. However, SMSFs do not take a break when you do, which is why… Read More

Tax

Amendment to Housing Affordability Measures introduced

By On October 30, 2019

The Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures) Bill 2019 was re-introduced to parliament on 23 October 2019. This comes after it was first announced in the 2017-18 Federal Budget.… Read More

Super

Do you need to pay superannuation for contractors?

By On October 29, 2019

A contractor can turn into an employee for legal and financial obligations, so when working with contractors, employers need to test whether they count as an employee or contractor for superannuation purposes… Read More

Business

Contractor obligations for business owners

By On October 25, 2019

Contractors bring with them different obligations that business owners need to comply with. Employers that incorrectly classify employees and contractors can face hefty penalties and charges as well as claims for entitlements… Read More

Tax

What are the tax implications for different business structures?

By On October 23, 2019

The structure of your business determines how you would pay tax and other business obligations you would need to consider. Whilst you are able to change your structure as your business develops,… Read More

Money

Start saving for the Christmas period early

By On October 16, 2019

If shopping centres aren’t even putting up their Christmas decorations yet, then the holiday period may seem to be a concern of the distant future. However, the season has a tendency to… Read More

Business

Knowing when to cut a product

By On October 16, 2019

Businesses looking to improve their profitability may need to consider cutting under-performing products and services. How a product contributes to growth strategy, brand management and production efforts can help you determine whether… Read More

Super

Super law changes to NALI and LRBA

By On October 16, 2019

Integrity measures included in Treasury Laws Amendment (2018 Superannuation Measures No. 1) Bill 2019 have now been enacted with an effective date of 1 July 2018. There have been amendments made to… Read More

Tax

GST margin scheme

By On October 16, 2019

The margin scheme is a way of working out the GST you must pay when you sell property as part of your business. The amount of GST normally paid on a property… Read More

Business

What employment type is best for your business?

By On October 9, 2019

An employment contract establishes the terms and expectations of an employee before they start work. It outlines everything the employee has to know about working for you, including employee rights, working hours… Read More