by | Sep 24, 2014 | Uncategorized
In a recent speech, the Commissioner of Taxation, Chris Jordan, announced some new initiatives for small businesses. The following are excerpts from his speech. Red Tape The Commissioner stated that the ATO was trying to reduce the amount of red tape because it...
by | Sep 24, 2014 | Uncategorized
In a recent case, a taxpayer decided to transfer shares he owned and had inherited, into a joint account he held with his wife without first asking his accountant/tax agent. His accountant subsequently correctly advised him that he had triggered a capital gain of...
by | Sep 24, 2014 | Uncategorized
Time is one of those things which cannot be expanded, however it can be better managed. Every one of us has 24 hours or 1,440 minutes per day. Some business people are better managers of their time than others. Business people need to allocate the number of hours per...
by | Sep 24, 2014 | Uncategorized
The issue of whether a worker is properly classified as an employee or an independent contractor has taxation, legal and potential insolvency implications. The ATO’s 2012 compliance program has a section aimed at “promoting a level playing field for Australian...
by | Sep 24, 2014 | Uncategorized
There is a lot of uncertainty at present, caused by: The world political evens (Middle East, Ukraine, Iraq) The slow-down in the Chinese market The problems the Australian government is having with its budget being passed by the Senate Interest rates will probably...
by | Sep 24, 2014 | Uncategorized
The purpose of this article is to give a practical overview of the processes involved in applying to the Fair Work Commission for unfair or unlawful dismissal. It is of equal value to someone thinking about making an application, or an employer who needs to respond to...
