Why employee v contractor comes down to fine print
The task of worker classification has been a long-running point of contention but the Commissioner’s response to recent court cases suggests a written contract is king.
Australian Taxation Office (ATO) shifting to firmer debt collection activity
The ATO has flagged a return to more aggressive debt collection actions after seeing a trend of profitable businesses that have the capacity to pay their tax debts but are actively choosing not to do so.
What Drives Your Business Growth and Profits?
Every business owner wants to grow their business and their profits.
ATO’s hands tied with scrapping on-hold debts, expert says
The Tax Office lacks power under current laws to do anything about the wildly unpopular scheme despite plans to review its approach, according to a UNSW professor.
Small businesses may ‘collapse under strain of payday super’, IPA warns
Existing issues within the SG system must be rectified before the government proceeds with the new changes, the IPA says.
Wheat Production by Country
Check out the countries that produce the most wheat.
Do you know how to recover debts?
Beginning the year with a clean financial slate can be pivotal to your business’ health.
Updated guidance on R&D claims
New taxpayer alerts on incorrect R&D claims that are attracting our attention.
2 in 3 SMEs benefit from instant asset write-off, survey reveals
The uncapped version of the instant asset write-off scheme was extremely popular among SMEs with the average spend over $90,000, according to ScotPac.
GrantConnect
GrantConnect provides centralised publication of forecast and current Australian Government grant opportunities and grants awarded.
Labor tweaks stage 3 tax cuts to make room for ‘middle Australia’
Following years of mixed messaging, Labor has bowed to economic pressure and announced changes to its stage three tax cuts.
Does your business have a company Power of Attorney?
An individual power of attorney gives an attorney legal authority to manage a person’s assets and financial affairs.