The administration behind the JobKeeper scheme is somewhat involved. Employers, bookkeepers and accountants across the country have been busy since its inception to ensure payments for those eligible are setup correctly. Here is some more detail as to what is…
The JobKeeper Scheme is underway. Here is what we currently know and for all these steps we will be providing you with authorities to enrol you in the system and templates to meet all your eligibility and record keeping requirements…
Early in 2019, the ATO invited members of the Small Business Stewardship Group (SBSG) to participate in a consultation activity about several issues regarding the structure and content of the ATO website. This included a new business record keeping resource…
Restaurant Tips Tipping for services – do you pay GST on the Tips received? What happens when a customer pays a tip? Does it get reported on the BAS? What is the impact for employees/contractors? What happens with tipping depends…
CORRECTING ACTIVITY STATEMENTS Correcting is not making an adjustment! Correcting an error or mistake is about fixing an amount that was incorrect when lodged, typically due to transposition error, misclassification or double counting. Adjustments are to items that were correct at the…
The Fair Work Ombudsman recently instigated court action which challenged whether the worker was a Contractor or an Employee – FWO believe they are employees and the persons were underpaid. A purchaser should ensure they are paying enough A developing…
Employers get ready for modern award changes in 2020 Following a decision of the Full Bench, the Fair Work Commission has finalised arrangements for new annualised salary clauses to be inserted into a number of modern awards with effect from…
New Gift Card Laws – Expiry Dates The new laws apply to all gift cards and vouchers sold from 1 November 2019 onwards. Any gift card sold before 1 November 2019 date will continue to carry the same expiry period…
An Approach to Super Compliance in 2020 Background Context Single Touch Payroll reporting means that the ATO is now able to see: Which employers are not reporting Which employers are not accruing Super, or not accruing correctly Which employers are…