Festive Season Planning for Victorian Businesses: Key Obligations and Compliance

5 months ago

The end of the year is one of the busiest times for businesses — not just commercially but also in terms of regulatory obligations. With public holidays, potential shutdowns, payroll…

Are Payments Made to Contractors Counted as Wages?

Uncategorized

11 months ago

If your business engages contractors, knowing when payments to them may be subject to payroll tax in each state and territory is essential. Each Australian state and territory has…

Exploring Compassionate Early Release of Super

Uncategorized

1 year ago

While superannuation is intended for retirement, there are certain situations where you can access your super early on compassionate grounds. The Australian Taxation Office (ATO) manages applications for the…

Have You Considered Spouse Contribution Splitting?

Uncategorized

1 year ago

Your individual Total Super Balance (TSB) plays a key role in shaping your superannuation strategy for the upcoming financial year. As of June 30 each year, your TSB can affect…

Strategic Estate Planning: Navigating Taxes, Asset Timing, and Trusts for Lasting Control

and Trusts for Lasting Control, Uncategorized

1 year ago

Estate planning is a complex field that requires careful evaluation of tax implications. To ensure that both individuals and their beneficiaries avoid undesirable tax outcomes, several factors must be considered…

7 Steps to Effectively Resolve Business Disputes

7 Steps to Effectively Resolve Business Disputes, Changes to Casual Employment Effective August 26, Uncategorized

2 years ago

Running a business inevitably involves disagreements and disputes, whether with customers, employees, suppliers, or competitors. Some legal issues are more serious than others, but all need to be managed efficiently…

Changes to Casual Employment Effective August 26

Changes to Casual Employment Effective August 26, Uncategorized

2 years ago

Recent amendments to the Fair Work Act 2009 (Cth) will introduce significant changes to casual employment starting August 26. These changes will impact national employers, excluding those in the state…

New Adjustments to Stage 3 Tax Cuts to Support Middle-Income Australians

Tax, tax cuts, tax rates, Uncategorized

2 years ago

In a significant shift from previous promises, the Australian Labor government has announced changes to its stage three tax cuts. These adjustments, influenced by economic pressures such as rising inflation…

Festive Season Planning for Victorian Businesses: Key Obligations and Compliance