Office of State Revenue State Roadshow
Some of our staff recently attended the Office of State Revenue State Roadshow. Below is a brief summary of the presentation: SMALL BUSINESS GRANT Businesses that increase the number of NSW Full-Time Equivalent (FTE) employees will receive a grant of $2,000 for each additional NSW employee in a new position at the anniversary date of […]
Employers Beware!
How careful are you to ensure that you pay your employee’s compulsory 9.5% superannuation by the due date? Fairly careful? Mostly careful? Unfortunately neither of these will keep you out of trouble. The ATO and superannuation funds are becoming clever at detecting such late payments. Compulsory superannuation payments are due quarterly, within 28 days after […]
How to use the PPSR to protect your business…
The Personal Property Securities Register (PPSR) has been operational since 30 January 2012. It is a register that was introduced by the Australian Government to record claims, not just for assets such as vehicles, equipment, crops and inventory but also general claims for payment. Say you obtain financing for a new business vehicle. The lender will […]
Possible Superannuation Changes
There is much commentary about possible tinkering of Superannuation by the Federal Government. When you understand that superannuation benefits cost the government budget $16 Billion per annum, it is easy to understand that there will be a higher likelihood of tinkering. I think you can take it as a certainty. So what can they do? Well, they […]