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Critical clauses in Employment Contracts

As business owners, most of you will have basic standard employment contracts or letters of offer that you use for new employees. These basic documents are generally sufficient when it comes to covering the obvious things like remuneration, hours of work, basic duties...

10 Business & Wealth Strategies

With the 2016 year now in full swing we look at some important business and wealth strategies that business owners should consider to improve their overall financial health. Strategy 1 – Managing business risk Monitoring business performance and understanding...

Tips & Traps with Fixed Term Employment Contracts

In Australia, there are 3 main types of employment contracts: permanent (full-time or part-time), casual, and fixed term (whether full-time or part-time). This article focuses on fixed term contracts, which are perhaps the least common type of employment contract....

Corporate Governance Is Important

Being a Company Director is an onerous role that requires a director to be aware of a wide range of activities affecting the company, including: Understanding Financial Accounts This relates to: Monthly Trading Profit & Loss Accounts for each business activity...

2016 FBT Return – Preparation & Tips

The 2016 FBT year ends on 31 March 2016. As this date is fast approaching businesses should now be planning to ensure their documentation is in place to accurately prepare and lodge their FBT returns on time. FBT registration The first thing businesses should check is...