Blog
Payroll Tax – Common Errors
Data matching of payment information between the various State Government revenue offices, the ATO, ASIC and Workcover is leading much greater scrutiny and generating…
Are your Contractors Really Employees?
The area of contractor vs employee is one that is fraught with danger for business. It is not uncommon for a business to be…
Payday Super is Coming
The government has proposed to change the current requirement for employee superannuation contributions from quarterly to each payday. Superannuation contributions will need to be…
Is it Time to Buy an Electric Vehicle?
In December last year the Federal Government passed legislation that provided a Fringe Benefits Tax (FBT) exemption for employer provided electronic vehicles (EV). When…
Small Business CGT Concessions – Will You Qualify?
The small business Capital Gains Tax (CGT) concessions can provide a substantial tax relief on the sale of a business. Unfortunately, it can be…
Key Reminders for Employers for the New Financial Year
The start of a new financial year is a good time to review your payroll processes and make sure you aren’t caught out by…
What are the Tax Consequences when Assets are Lost or Destroyed
If the asset is acquired before 1985 If you acquired the original asset before 20 September 1985, any replacement asset is generally exempt from…
The Uncomfortable Truths in Business Exits
After years of building and growing your business, many people hope to see a reward at the end of it all. After all, it’s…