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Changes to Casual Employment

Friday 26th March 2021 the Fair Work Act 2009 was amended to change workplace rights and obligations for casual employees. This amendment outlines criteria that if met, casual employees gain

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JobMaker Hiring Credit rules and reporting

 

In the next few months, businesses that are seeking to employ additional workers but still need a bit of help can now apply for the JobMaker Hiring Credit Scheme. 

 

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‘Penalties will resume’: ATO flips the switch on debt recovery

 

Taxpayers falling behind on tax debts and lodgement obligations can soon expect contact from the ATO as it confirms the resumption of its compliance activities in the wake of JobKeeper ending.

 

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ATO chases $172bn in undeclared contractor income

 

The ATO has warned businesses to come clean on $172 billion worth of payments to contractors as it cracks down on non-compliance with the taxable payments reporting system.

 

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Small businesses: don’t forget your FBT concessions

 

If you own a small business still recovering from the COVID-19 induced downturn, remember that you can take advantage of FBT concessions to lower the amount of FBT you may need to pay. 

 

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5 strategies for successful ‘work from home’ policies

As Australian businesses implement work from home arrangements as part of their business contingency plans, managers need to consider how to accommodate telecommuting arrangements without sacrificing productivity and team dynamics, says one recruitment firm.

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ATO Revs Up As JobKeeper Set To End In March 2021

 

Although 2020 saw a temporary lull in the ATO and State Revenue Office’s usual activity level due to the COVID-19 pandemic, 2021 is already set to be as busy as ever when it comes to audits and reviews initiated by government revenue authorities.

 

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ATO tipped to pounce once JobKeeper ends

 

With JobKeeper ending in four weeks, small businesses have been urged to “act early” on exploring their insolvency options before the ATO moves on recouping debts.

 

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Contributing to Superannuation

 

Superannuation remains the best available form of an individual retirement savings plan, in spite of continuing government changes.

 

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Cost of retirement up in December quarter

 

The cost of retirement for Australians has gone up, with the increases in health insurance and domestic holiday prices, according to the Association of Superannuation Funds of Australia’s (ASFA) latest figures.

 

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