by Aimee Maughan | Oct 23, 2024 | Articles, Resources, Superannuation, Updates
‘Payday super’ will overhaul the way in which superannuation guarantee is administered. We look at the first details and the impending obligations on employers. From 1 July 2026, employers will be obligated to pay superannuation guarantee (SG) on behalf of their...
by Aimee Maughan | Mar 10, 2022 | Articles, Resources, Updates
Here are two landmark cases before the High Court that highlight the problem of identifying whether a worker is an independent contractor or employee for tax and superannuation purposes. Many business owners assume that if they hire independent contractors they will...
by Aimee Maughan | Mar 10, 2022 | Articles, Resources, Updates
Temporary full expensing enables your business to fully expense the cost of: new depreciable assets improvements to existing eligible assets, and second-hand assets in the first year of use. Introduced in the 2020-21 Budget and now extended until 30 June 2023, this...
by Aimee Maughan | Mar 10, 2022 | Articles, Resources
Late last month, the Australian Taxation Office (ATO) released a package of new guidance material that directly targets how trusts distribute income. Many family groups will pay higher taxes (now and potentially retrospectively) as a result of the ATO’s more...
