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FBT in 2023
2024 update: since these electric vehicle concessions were released, the ATO's been catching out business reporting incorrectly and hybrid electric vehicles have different rules. Head to our 2024 article for all the details.
Fringe benefits…
Secure Jobs, Better Pay reforms
The Government’s ‘Secure Jobs, Better Pay’ legislation passed Parliament on
2 December 2022. We explore the issues.
The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 passed Parliament on 2 December 2020.…
Extension to domestic violence leave
Employees in Australia will soon have access to paid family and domestic violence leave. Business owners and employers should be aware of these changes as the paid family and domestic violence leave means you will have to pay up to 10 days of…
Reminder about your group certificate
As tax time for individuals comes closer, we’d like to remind you that most employers won’t be handing out what is commonly called a Group Certificate or also referred to as PAYG Payment summaries.
These are now known as Income statements…
JobMaker Hiring Credits: What We Know So Far
JobMaker has officially passed Parliament.
Here is what has been announced so far:
What is JobMaker?
JobMaker is a credit available to eligible businesses for hiring additional employees (not if you are merely replacing someone who…
What happens if you don’t pay your super on time?
In the past, monitoring of superannuation payments was not as stringent as it is now. If employees did not regularly read their super statements or check their balances, it is entirely possible that super could go unpaid - and unnoticed by the…
Christmas is coming – avoid being stung by FBT
Don’t want to pay tax on Christmas? Here are our top tips to avoid giving the Australian Tax Office a bonus this festive season.
Employee or contractor: what’s the difference?
With the rise of the gig economy, correctly working out whether you are hiring an employee or simply engaging an independent contractor has never been more important. Getting it wrong can be costly, as a recent court ruling shows.
A Perth…
Changes to Long Service Leave from 1 November 2018
From 1 November 2018 the new Long Service Leave legislation will come in to effect in Victoria.
The fundamental that Long Service Leave starts accruing after 7 years of continuous service still remains, however much more flexibility has…