Effective from the first full pay in January 2018 Fair Work Commission have revised several awards in relation to overtime payments, minimum engagement periods and conversion from casual to permanent employment. These changes are (some may already apply in the award): Casual employees are now entitled to overtime rates once they work in excess of […]
read more »
ntroduction If a Digital Service Provider (DSP) – best understood to be a software company – provides a software product or service that reads, modifies, or routes any tax or superannuation related information, then that DSP is in scope of the ATO Operational Framework. This includes DSPs that use an intermediary (such as a gateway […]
read more »
How the ATO identifies audit targets The ATO is very upfront when it comes to their compliance activity. Every year they publish small business benchmarks that outline what a typical business ‘looks like’ in different industries. If your business falls outside of those benchmarks, the ATO is likely to take a closer look at why […]
read more »
The big changes for developers and purchasers If a Bill currently before Parliament passes, from 1 July 2018, purchasers of new residential premises or new residential subdivisions will need to remit the GST on the purchase price directly to the ATO as part of the settlement process. This is a significant change from how GST […]
read more »
The other business influencer that can make or break you Did a Kardashian really just wipe US $1.3bn off the share price of Snapchat? A tweet from Kylie Jenner saying “sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad” is being credited as the catalyst for […]
read more »