Starting a business in Australia is an exciting venture but can be overwhelming for first-time business owners. Understanding the tax system and applying strategic approaches
From 1 January 2025, certain entities that lodge financial reports with the Australian Securities and Investments Commission (ASIC) under Chapter 2M of the Corporations Act 2001 are required to include an audited sustainability report as part of their annual reports. Read more here.
The ATO is cracking down on business owners who take money or use company resources for themselves. Read more to understand how this may affect you.
The ATO has increased its review of employers to ensure compliance with their superannuation payments, with a particular focus on late payments. Superannuation payments as late as even one day can end up costing employers thousands of dollars in interest and administrative fees. Read more here.
As we near Christmas, we receive many questions from businesses regarding the implications of Christmas Parties, Gifts and Donations. Read on for important information on tax considerations this Christmas.
As we near Christmas, we receive many questions from businesses regarding the implications of Christmas Parties, Gifts and Donations. Read on for important information on tax considerations this Christmas.
What should I do if I am a Director of a Company and I receive a Director Penalty Notice issued by the Australian Tax Office? Read on for more information.
Many directors establish a company without fully understanding the duties and responsibilities that apply. It is crucial as the director of a company to understand your duties and responsibilities to avoid any civil penalties and personal liabilities arising. Read more about the duties of a Director here.
