29 September 2014
The ATO now has more power to deal with trustees in self-managed superannuation funds (SMSF’s) who are breaching the Superannuation Industry (Supervision) Act 1993 (Cth) (SIS Act). The ATO’s extended powers to deal with breaches in SMSF’s came into force on 1 July 2014. What were the penalties that the ATO could impose before 1 […]
» Read More30 September 2014
If you operate your business through a company or a trust, you may be called upon from time to time to provide a personal guarantee. What is a Personal Guarantee? A personal guarantee is a commitment that if your business doesn’t do something (usually the payment of money) you will do that thing yourself. Personal […]
» Read More22 October 2014
If you are looking to start a new business one of your first steps should be to determine the most appropriate trading structure through which to operate the business. The most common trading structures in Australia are that of a sole trader, a partnership, a company or a trust, or a combination of these. Each […]
» Read More23 October 2014
Recently the Australian Government released a policy statement entitled ‘Industry Innovation and Competitive Agenda.’ The Agenda includes a proposal to reverse the previous Labour Government’s changes to the way in which employee share schemes (ESS) are taxed. The changes will be welcomed by businesses in particular start up companies. How are ESS currently taxed? In […]
» Read More28 October 2014
On 20 August 2014 the Australian Taxation Office (ATO) provided a number of rulings on Bitcoins. What is a Bitcoin? Essentially, Bitcoin is a digital currency used online as a method for payment. It is not physically printed, and it is not controlled by any banks. Unlike conventional currency that is based on gold or […]
» Read More10 November 2014
Almost every employer can speak about the experience of employing a person whose ultimate resignation came as a relief. Relief at not having to go through the ugly process of terminating someone’s employment and possibly having to defend an unfair dismissal claim. But not every resignation is a successful bar to an unfair dismissal claim. […]
» Read More11 November 2014
A restaurant co-owner received a barrage of abuse on Facebook after he allegedly criticised a vegan customer (and vegans generally) on the business’ Facebook page. Posting critical views about a customer’s dietary requirements and fashion sense is probably not a way to show you value their custom. The Facebook comments have escalated to a situation […]
» Read More18 November 2014
On 17 November 2014, the Australian Government entered into a Declaration of Intent with the Chinese Government in relation to a “free trade agreement”. The Declaration of Intent marks the conclusion of the China-Australia Free Trade Agreement negotiations and lays the foundation for a watershed economic relationship between the two countries. Changes under the China-Australia […]
» Read More16 July 2014
Lately, there has been much debate around the issue of penalty rates on Sundays and public holidays, particularly over the Easter holiday season, when many business owners indicated that engaging a casual employee to work over the long weekend would cost them up to $45.00 per hour. Exorbitant public holiday penalty rates seem to be […]
» Read More19 June 2014
The new bullying laws have now well and truly come into effect and the Fair Work Commission has been exercising its powers to stop workplace bullying. The first Fair Work Commission conference made the new laws. The facts of the dispute which resulted in the first conference lead by the Fair Work Commission, including the […]
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Brisbane Club Tower
Level 8, 241 Adelaide Street
Brisbane QLD 4000
Kon-Tiki Business Centre
Tower 2, Level 3, 55 Plaza Parade
Maroochydore, Qld 4558
Brisbane Club Tower, Level 8, 241 Adelaide Street
Brisbane QLD 4000
Kon-Tiki Business Centre, Tower 2, Level 3, 55 Plaza Parade
Maroochydore, Qld 4558
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