The Government has suggested that around one million businesses will save about $450 million in red tape each year, due to reforms seeking to make these temporary COVID-19 concessions – permanent. The amendments allow companies and entities, to use technology to meet regulatory requirements to hold meeting; distribute meeting-related materials and validly execute documents. These […]
Moving to e-signatures for company formalities Read More »
The ATO has recently advised that it will begin a ‘failure to lodge penalty’ process for small business employers (i.e., those with 19 or fewer employers) who have yet to commence STP reporting. STP reporting has been mandatory for most small employers from the 2020 income year, with a final ‘nudge letter’ being issued to
Small Employers, it’s time to get serious about Single Touch Payroll Read More »
This is a landmark development as it aims to reform casual work. It now includes a definition of casual employment and for the first time allows long term casual employees the right to request being converted to permanent employment. CASUAL EMPLOYMENT DEFINED Under the amended Fair Work Act, if a person is: 1. Offered employment
Fair Work Act: Amendments To Casual Employment Read More »
It appears that the Government has decided not to proceed with its proposal to limit cash payments in Australia to $10,000. This measure was originally raised as part of the 2018/19 Budget (refer to the Black Economy Package — introduction of an economy-wide cash payment limit). The Currency (Restrictions on the Use of Cash) Bill
Cash Payment Limit Bill Shelved Read More »
