New black mark on credit ratings to leave substantial smudge. The Australian Taxation Office (ATO) can now disclose business tax debt information to registered credit reporting bureaus. This law has been in the making since 1 July 2017; on the government’s agenda from 2014; and received royal assent on 28 October 2019. This is a new and unprecedented power for the ATO. And is a measure under the government’s strategy
Ever wonder why you still see $99.95 items on sale when it’s obvious that it’s a marketing trick? with the gift card system for small business you can increase gift voucher revenue, simplify processes and improve cash flows. Because it works. If these marketing tips don’t work for your business then you should try these Franchise Advertising tactics like a simple sign installation. With marketers creating campaigns based and behavioural
The Australian Taxation Office (ATO) has announced that it will grant a two month lodgment and payment deferral to taxpayers impacted by the recent catastrophic bushfires. Acting Deputy Commissioner Andrew Watson said that people affected by the fires should focus on getting their other affairs in order and not worry about their tax obligations at this time. “We have applied automatic lodgment and payment deferrals to postcodes impacted by the
Five years ago, the Australian Taxation Office (ATO) offered a penalty amnesty on undisclosed foreign income. Five years on, the ATO has again flagged that underreporting of foreign income is an issue but this time the gloves are off. How you are taxed and what you are taxed on depends on your residency status for tax purposes. As tax residency can be different to your general residency status it’s important
What often seems to make perfect sense in the real world does not always make sense for the Australian Tax Office (ATO).
Oct 2019
The investment strategies of Self Managed Superannuation Funds (SMSFs) are currently under scrutiny with the Australian Taxation Office (ATO)
Oct 2019
The amnesty is over, and the ATO are taking the gloves off when it comes to foreign income!
Sep 2019
Effective Marketing Strategies for Property Managers to Grow Your Rent Roll Whether you’re a well-established property manager with a large portfolio of clients and properties or you’re just starting out in the industry, it’s important to continuously think about how you can grow your rent roll to increase your monthly income. If you have many available properties you might want to start signing up here to get more exposure to
Sep 2019
There are a number of ways that a document can be signed by a company and it is important that all directors are familiar with the formalities that need to be adhered to when executing documents. It is essential that all documents signed by a company are executed properly to create legally binding agreements that are enforceable with the help of Corporate transaction attorneys. And if you need notary services,
Depending on what side of a purchase or sale of a business you are on, can significantly affect your obligations to employees as part of the transition. If you want to make sure that your employees are comfortable with the work environment, then you should use a candidate management system. So what does this actually mean for each stakeholder to address employee entitlements? This article looks at the following elements: