AUD$ cash till register

60,000 tax cheat tip-offs

Effectiveness of tip-off line has led ATO to dub it “crime stoppers” for tax Tip-offs to the Australian Taxation Office (ATO) have reached an all-time high with close to 60,000 tip-offs received between June and May 2019 – almost double the number of the previous year. The ATO thinks the number of tip-offs will reach…

Victorian State Budget 2019

Victorian State Government Budget – 27 May 2019 The Victorian state government recently handed down its annual state budget and there are a number of changes that will impact both business and investors. A summary of the key items is as follows. Payroll Tax The government’s three key changes are: Increase in the tax-free threshold…

super

International Women’s Day

Has anything changed? Women and girls make up just over half (50.7%) of the Australian population. While women comprise roughly 47% of all employees in Australia, they take home on average $251.20 less than men each week (full-time adult ordinary earnings). The national gender “pay gap” is 15.3% and it has remained stuck between 15%…

employees and workers

Misclassifying a worker as an employee

The implications of misclassifying a worker The implications of misclassifying a worker go well beyond industrial relations. If a business misclassifies an employee, it impacts on superannuation guarantee (SG), PAYG withholding, workers compensation and payroll tax. These entitlements will often need to be met even if the misclassification was a genuine mistake. For SG obligations,…

super

Employer Super quick check

Super provides income for your workers in retirement Here’s how to run a quick check of your super obligations to make sure you’ve got everything sorted. 1. Check you’re paying super to all eligible workers.     Some contractors may be entitled to super. 2. Check you’re paying the right amount.     Currently, you…