Small Business

Recruiting new employees? The 1 November superannuation rule changes

From 1 November 2021, where an employee does not identify a superannuation fund, the employer is required to contact the ATO and request details of the employee’s existing superannuation fund or ‘stapled’ fund (the fund stapled to them).

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Recruiting new employees? The 1 November superannuation rule changes
( Posted in: Tax )

Construction Industry Support – Round Four

The Victorian Government are offering support for entitled construction businesses, including employing and non-employing businesses, who were affected by the construction sector shutdown from 21 September – 4 October 2021.

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Construction Industry Support – Round Four
( Posted in: Community )

Unwinding COVID-19 Relief

 COVID-19 support will roll back as states and territories reach vaccination targets.

The National Plan, the road map out of COVID-19, does more than provide greater freedoms at 70% and 80% full vaccination rates, it withdraws the steady stream of Commonwealth financial support to individuals and business impacted by COVID-19 lockdowns and border closures. We look at the impact and the support that remains in place.

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Unwinding COVID-19 Relief
( Posted in: Community )

What now? Unwinding the Pandemic

A business operator has the ability now to refuse entry or service to a customer as long as anti-discrimination rules are not breached. Excluding an individual by vaccination status without a public health order however will be a question of whether the rule is reasonable, necessary, and proportionate.

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What now? Unwinding the Pandemic
( Posted in: Community )

Mental Health Support for Business Owners

With COVID-19 lockdowns and disruptions to trade, the pressure can be intense for Small Business Owners. A free and confidential mental health program developed by Beyond Blue is available to give small business owners the support they need.

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Mental Health Support for Business Owners
( Posted in: Community )

Has COVID-19 devalued your business?

If you are selling your business, merging, acquiring, or inviting in new investors, you need to understand the value of your business. But, to what degree does the pandemic impact on value? Should you discount or hold firm to pre COVID-19 performance on the basis that ‘we’re going to come out of it eventually’?

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Has COVID-19 devalued your business?
( Posted in: Tax )

How to know if your worker is an employee or a contractor.

Determining whether your worker is an employee or a contractor can often be a challenging task.

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How to know if your worker is an employee or a contractor.
( Posted in: Tax )

New Rules For Gift Card Expiry Dates

In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates.

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New Rules For Gift Card Expiry Dates
( Posted in: Community )