When is a contractor really an employee?

Fines of up to A$63,000 per breach of getting it wrong In Australia, 23 per cent of employers say they now regularly engage contract or temporary staff – with another 44 per cent employing them for special projects – according to the 2017 Hays Salary Guide. The Australian Bureau of Statistics estimates there are one…

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Property depreciation tax changes passed

As part of the 9th of May 2017 federal budget, the Australian Government proposed amendments to legislation relating to plant and equipment (division 40) deductions. The proposed changes, outlined in Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 , have now been legislated after being passed by the Senate on the 15th of November 2017….

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Technicality confusing business buyers & sellers

Are you getting ready to sell your business? Do you understand the difference between your business and your company? It is a technicality that is catching many business owners unawares, but can have big ramifications for your financial future. Whether you are just starting out in business or have been in business for 30+ years,…

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