Feb 24, 2019 | By : admin

From 18th December 2018, employees incorrectly classified as a casual maybe be entitled to an offset payment against NES entitlements, of the annual leave the casual should have received. As stated by Fair Work, the new regulation applies where all the following criteria are met: • An employee is employed by their employer on a casual basis • The employee is paid a casual loading that is clearly identifiable as being an amount paid to compensate the person in lieu of entitlements tha

Nov 16, 2018 | By : admin

To retain your ABN there has to be evidence of specific activities that entitle you to retain your ABN. • Are you operating to make a return and maintaining records. Do you keep organised records and operate in a regular and consistent manner? • Are you a business or an employee? • When completing your income tax return do you declare income at the business labels correctly? Failure of one or more of the above could result in your ABN cancellation. You will be issued a letter outlining the

May 25, 2018 | By : admin

The government has announced a one-off, 12-month amnesty period for historical underpayment of the superannuation guarantee, in a move welcomed by the bookkeeping industry. Minister for Revenue and Financial Services, Kelly O’Dwyer, today announced the introduction of a new bill to complement the existing SG integrity package to compel employers to pay any unpaid superannuation in full. The amnesty will set aside employer penalties for late payment that are normally paid to the government,