16
Oct 2018
Casual Conversion Clauses added to Modern Awards
Small business owners who employ casual staff are set to be impacted by new provisions that will allow some casual employees to convert to full-time or part-time work after 12 months of employment.
Casuals in the retail sector will receive a 25 per cent increase to their Saturday penalty rates phased in over the next three years, increasing the pay from 135 per cent to 150 per cent. The Fair Work Commission decision will also increase weekday rates for work after 6pm. A full bench headed by president Iain Ross defended their decision, saying current casual rates for weekday evenings and Saturday work “lack
Casuals in the retail sector will receive a 25 per cent increase to their Saturday penalty rates phased in over the next three years, increasing the pay from 135 per cent to 150 per cent. The Fair Work Commission decision will also increase weekday rates for work after 6pm. A full bench headed by president Iain Ross defended their decision, saying current casual rates for weekday evenings and Saturday work “lack
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
10
Oct 2018
New GST withholding regime for property buyers
The payment of goods and services tax (GST) in respect of certain new residential property sales has recently been turned on its head! Commencing 1 July 2018, buyers of new residential premises (other than commercial residential premises or new residential premises created through substantial renovation) or subdivisions of potential residential land (by way of sale or long-term lease) are required to withhold an amount representing the GST, and remit this
One of the major concerns in taking on the role of a Legal Personal Representative is that the Tax Commissioner may treat Legal Personal Representatives (LPRs) as having a personal liability for a tax debt where the assets of a deceased estate have been distributed but there is still outstanding amounts owed to the ATO.