by on 21 March, 2017
  From 1 January 2017, tax rates changed forworking holiday makers who are in Australiaon a 417 or 462 visa (these rates are known as'working holiday maker tax rates'). If a business employs a working holiday makerin Australia on a 417 or 462 visa, from 1 January2017, they should withhold 15% from every dollarearned up to $37,000, with foreign resident taxrates applying from $37,001. Businesses must register with the ATO by 31January 2017 to withhold at the working holidaymaker tax rate. If they...
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by on 15 March, 2017
Think you might have been a victim of a tax scam? You should be wary of emails, faxes, SMS and phone calls claiming to be from the ATO. These could be scams designed to trick you into paying money or providing personal information. Once they have your information, scammers may use it to: access your bank accounts take out loans in your name lodge false tax returns or BAS statements claim Centrelink or other benefits. If you think you are a victim of a tax-related scam, phone us on 1800 008 54...
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by on 15 March, 2017
Did you know? Employers have to give every new employee a copy of the Fair Work Information Statement (the Statement) before, or as soon as possible after, they start their new job. The Statement provides new employees with information about their conditions of employment. The Statement has information on: the National Employment Standards right to request flexible working arrangements modern awards making agreements under the Fair Work Act individual flexibility arrangements freedom of associ...
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by on 13 March, 2017
Thinking you have outgrown your soletrader status? Looking to minimise your tax? Have you considered entering into a Family Trust structure? The term family trust refers to a discretionary trust set up to hold a family's assets or to conduct a family business. Generally, they are established for asset protection or tax purposes.   What is a Family Trust in Australia?   An Australian family trust: is generally established by a family member for the benefit of members of the 'family group'; can ...
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by on 13 March, 2017
Do you employee a casual to help you out in your business?   Did you know that irrespective of whether you pay them as an employee or require them to have an ABN, you may have to pay them superannuation?   And if they do not have an ABN, and are working as an employee, you may need to pay PAYG and superannuation?   Make sure you know the employment laws before you make the decision to employ staff.  
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by on 4 January, 2017
Every other important aspect of yout business is covered by a contract - lease of premises, supplier agreemetns, customer arrangements so why should staff be any different? Despite what many people think you really need a contract of employment for every employee. Yes, even your first employee. Many micro businesses don't set employment contracts until they have severl employees - I know of one company that had 12 staff before they set contracts up -and this is very risky. As with any contract, ...
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by on 30 November, 2016
    I’m always surprised to hear of women who run pretty big businesses yet have a very minimal focus on good contracts. I obviously know all of the best practices, in fact I advise on these practices daily so it only makes sense that I would be a little over the top with my concerns, but come on ladies, it’s time to get serious about protecting your interests. I’m sure if I flicked through your desk draw I wouldn’t be surprised at how many contacts I would find unsigned, undrafted or underd...
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by on 18 November, 2016
In today's economic climate, it can seem increasingly difficult to stay on top of technology advancements, especially with cyber-criminals activity constantly challenging security software. Spyware and malware can greatly disrupt your laptop or PC functionality, making it unusable, slow and sometimes even requiring an operating system rebuild. Whether you are at work or at home, users can inadvertently download spyware or malware to devices through unreliable links and attachments, often in the ...
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by on 16 November, 2016
According to research, sitting in a static position for long periods of time increases stress in your arms, shoulders, back and legs. Ergonomic office chairs can help you maintain a good posture with back support. However, you won't feel the full benefits of an ergonomic chair by just owning one - the chair must be adjustable to suit your body. Here are some things to look for when buying an ergonomic office chair: Seat height: You should be able to adjust the height of your chair so your feet a...
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by on 14 November, 2016
I think naturally, as women, we hold the words of others to a much higher standard. Most of us would like to believe the best in people. And that if we go into a business relationship of any kind, they’ll play fair and keep to their end of the bargain. After all, you want to do business with people you like and trust. Unfortunately, life isn’t always like that. People you once got along with famously suddenly turn leaving you wondering what the heck happened. Which is why going into any business...
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by on 22 September, 2016
According to the Australian Bureau of Statistics, over 725,000 Australians now work from home. The flexibility to do so is an increasingly sought after employee benefit, which is understandable when the extra hours saved on the commute allow many to spend more time with family, squeeze an extra hour at the gym, and maintain a healthier work-life balance. However, working from home can also work against you - distractions which come from being in your own space such as chores and errands which ne...
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by on 6 September, 2016
It doesn't matter whether you are working from home or at an office - if your workplace environment is in chaos, your productivity will  suffer. While having an orderly workplace is important, simplifying your workplace can help your business be more effective with communications, cut down on interruptions and use your time more efficiently to achieve something meaningful. Here's 5 ways to simplify your workplace: Keep your workplace clean and tidy - When was the last time you cleared out your ...
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