The ATO has requested insurance policy information from 30 insurers for lifestyle assets such as yachts, thoroughbred horses, and fine arts. The ATO targets 'lifestyle' assets, so keep reading if you or someone you know may be on their radar! The review, expected to...
Accounting
Bushfire support and assistance
Ten million hectares, lives lost, wildlife on the brink, billions in lost revenue and clean-up costs. For many, returning life to normal is a long way off this summer. We summarise the help available to those impacted by the bushfires. For bushfire support and...
How to speak to a non-finance audience
When explaining complex financial concepts to an audience from outside the finance world, we must focus on key points, take things slow, and answer questions. It is inevitable there are non-finance people we work with every day in our companies, on our boards, and in...
6 payroll changes employers need to know in 2020
A new suite of major changes to employee awards and legislation will come into effect in 2020 and small businesses must comply with them or face consequences by the Fair Work Ombudsman. Read on for the 6 payroll changes employers need to know in 2020! Legislation and...
The Super Guarantee timing trap for employers
How employers are being caught out by the timing of superannuation guarantee payments. Read on for the Super Guarantee timing trap for employers! Employers can generally only claim a deduction for superannuation contributions in the income year in which the...