Compiled by Tania Harris – EMPLOYMENT RELATIONS NEWS – 4 December 2019 – A Reference Point to learn changes in Australian Employment Law – Issues that affect your Business – Guiding Employers towards Compliance – Providing Best Practice Solutions for Business FAIR WORK OMBUDSMAN AUDIT – FOOD PRECINTS It has been brought to our attention that the Fair Work Ombudsman (FWO) is currently conducting audits within the Hobart area. […]
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Practice Update: December 2019
Compiled by our tax experts the NTAA PAYG and deductions for payments to workers The ATO has reminded business taxpayers they can no longer claim deductions for certain payments to workers if they have not met their PAYG withholding obligations from 1 July 2019. If the PAYG withholding rules require an amount to be withheld, […]
Practice Update: November 2019
Compiled by our tax experts the NTAA Super guarantee opt-out for high income earners now law From 1 January 2020, eligible individuals with multiple employers can apply to opt out of receiving super guarantee (‘SG’) from some of their employers, to help them avoid unintentionally going over the concessional contributions cap. If appropriate for them, […]
Practice Update: October 2019
Compiled by our Tax Experts the NTAA $30,000 instant asset write-off The ATO is reminding businesses that are looking to expand or improve their business and thinking of buying new or second hand assets, that medium sized businesses with a turnover up to $50 million (but at least $10 million) are eligible for the instant […]
Practice Update: September 2019
Compiled by our Tax Experts NTAA “Outrageous” deductions rejected The ATO has published some of the most unusual claims that they disallowed last financial year. Nearly 700,000 taxpayers claimed almost $2 billion of ‘other’ expenses, but the ATO’s systematic review of claims had found, and disallowed, some very unusual expenses, including: claims for Lego sets […]