With the annual Easter holiday period this weekend, it brings with it a range of public holidays and trading restrictions across Australia. Each Australian state and territory have different laws that govern public holidays and trading over Easter, so it’s important be informed about the rules and regulations where you do business. This article details the […]
Easter 2022: understanding all the retail trading rules Read More »
Brisbane residents affected by the February rain event are being offered further support via Brisbane City Council’s rates rebate. A $250 rebate is available to eligible residents and businesses on their next rates bill. Lord Mayor Adrian Schrinner also announced that every residential rates notice across Brisbane for the April quarter will be postponed by
Brisbane City Council’s Flood Relief Rate Rebate Read More »
As devastating rains continue in Queensland and New South Wales, small businesses find themselves facing another crisis and seeking support. There are several Queensland government flood relief and disaster grants now available to individuals and businesses affected. This article details what is available now, noting some grants are being modified and added as more Local
How to apply for Queensland Government flood relief and disaster grants Read More »
As the majority of Australia has switched to a policy of ‘letting COVID rip’, more employees are now isolating with COVID as a patient or close contact than ever before. Consequently, more employees are relying on their annual or sick leave entitlements to ensure they’re getting paid while in isolation. This article summarises the most
Everything you need to know about employee leave when isolating because of COVID Read More »
As Christmas and the New Year fast approaches, many businesses look forward to celebrating the past year with gift giving and Christmas parties for employees. Many business owners may not fully understand the fringe benefits tax (FBT) implications of providing such benefits and if you’re not informed, it could see you owing unexpected costs for
Everything you need to know about Christmas parties and FBT Read More »
With the introduction this month of the compulsory Director ID Number (DIN), it is timely to take a closer look at what is illegal phoenixing, a practice that the DIN aims to target. Illegal phoenixing involves company directors transferring assets of an existing company to a new company, leaving the old company with the existing
What is illegal phoenixing? Read More »
Earlier this year, we wrote an article about what you need to know about the new Director ID Number. A director identification number (director ID) is a unique identifier you need to apply for once and will keep forever. It will help prevent the use of false or fraudulent director identities. Let’s recap the new
Applications for the new Director ID number open November 2021 Read More »
If your business has employees, then paying superannuation on time is undoubtedly a topic you know much about. The government’s superannuation guarantee requires employers to pay a superannuation contribution equal to 10% (2021/2022) of an employee’s ordinary time earnings if an employee is paid $450 or more before tax in a month. If you use
The importance of paying superannuation on time Read More »
From 1 November 2021, there will be a key change to employer obligations for employee superannuation when setting up a new employee’s super fund. If a new employee doesn’t specify a super fund, there will be an extra step to ensure they comply with government requirements. What is the change? If a new employee does not specify
Super stapling: Key change to employer obligations for employee superannuation Read More »
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