by Greenhalgh Pickard | Jun 26, 2019 | Articles
Australia’s most popular rideshare app, Uber, has now been cleared of suspected breaches of workplace laws after the Fair Work Ombudsman completed an investigation into the company, finding their driver-partners are genuine independent contractors. The Ombudsman’s...
by Greenhalgh Pickard | Jun 20, 2019 | Articles
Small businesses can claim an immediate deduction for most depreciating assets purchased after 12 May 2015 and first used or installed ready for use for a business purpose: from 7.30pm (AEDT) on 2 April 2019 until 30 June 2020, if they cost less than $30,000 each from...
by Greenhalgh Pickard | Jun 12, 2019 | Articles
Businesses that collect GST are required to pay it (less any credits) to the ATO either monthly, quarterly or annually depending on their turnover. Where the payment has not been made, the ATO will contact you. Interest, currently 8.96% p.a. calculated on a daily...
by Greenhalgh Pickard | Jun 12, 2019 | Articles
A Melbourne toy shop is facing massive penalties in the Fair Work Ombudsman’s (FWO) first case using new legislation designed to protect vulnerable workers and penalise businesses for ‘serious contraventions’. The operator of the toy shop is accused of underpaying...
by Greenhalgh Pickard | Jun 12, 2019 | Articles
As we’re getting closer to the end of the financial year, Associate Director of Tax And accounting Andrew Patrick outlines some changes to this financial year’s income tax. Increased income tax thresholds The 2018-19 financial year has seen an increase of...
by Greenhalgh Pickard | May 29, 2019 | Articles
Are you a tradie running your own business? Did you know it’s important to keep records of your finances? Good record keeping will help you stay on top of your tax and super, and track how your business is going. You need to hang on to your records for five years, so...