Written by: The Institute of Certified Bookkeepers The TPAR informs the ATO about payments that are made to contractors for providing services.Industries required to report TPAR for 2019 are listed in the below table. Contractors can include subcontractors, consultants and…
This is a brief article to highlight extremely important aspects of behaviour that often prohibits the development of high level teamwork. Readers should truthfully consider if either of the negative behaviours outlined below are occurring in any teams within their…
SUPERANNUATION Compliance New legislation to amend laws relating to Super and PAYG withholding compliance have become effective from 1st April 2019: The ATO are now able to disclose information to employees: the non-payment of superannuation by employers (past and present) including…
We spend a lot of time discussing the importance of (living) values in running a successful organisation. Two of the most important (if not THE most important) are Talk Straight and Care. What is talk straight? It means communicating a…
On 30 May 2019 the Fair Work Commission announced that as of the first full pay period in July, the minimum wages in modern awards would increase by 3% (and so would the Federal minimum wage for award-free employees). But…
Our ability to have quality conversations internally is crucial to teamwork, leadership and the overall performance of people. A quality conversation is one that centres on the real issue, is held with the right person/people, is couched in objective terms…
Review Assets Bought and Sold Fixed assets are commonly known as property, plant and equipment and is an accounting term for assets that cannot be easily converted into cash. Therefore, the allocation of assets is important to ensure the asset…
What and how we learn has changed significantly. This has major implications for organisations, teams and individuals with respect to training and development … and their performance. Learning involves two aspects: Information and How to do things. On both fronts the…
SUPER CONTRIBUTIONS – TOO MUCH CAN MEAN EXTRA TAX There are caps on the amount you can contribute to your super each financial year to be taxed at lower rates. If you contribute over these caps, you may have to…