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FBT: Tips and what attracts the ATO’s attention- Webinar

We are hosting a free webinar to build on your existing knowledge of FBT. This webinar will be presented by ATO technical specialist Phil Turnour who will cover: • FBT and trusts • log books • employee contributions to offset FBT liability • expense payment • compliance and obligations. This webinar is designed for employers, […]

September 14, 2017

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Next generation $10 note gets release date

The Reserve Bank of Australia announced last week Australia’s new $10 banknotes will be released into circulation come September 20, following a release of a new $5 banknote in 2016. The new notes contain the same world-leading security features as the new $5 note, including a clear top-to-bottom window, and a tactile feature so that it can be […]

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Payment surcharges – only charge what it costs you

Newsagents take note that from September this year it will be illegal to impose payment surcharges on your customers that are higher than your ‘cost of acceptance’. Your cost of acceptance  is what it costs you to process a payemnt such as bank fees and terminal costs.  The ACCC is urging Newsagents and other small […]

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660,000+ reasons to get it right

The Fair Work Ombudsman recently reported a successful prosecution of a retailer that had underpaid an employee over $25,000.  In this case, the Federal Circuit Court penalised both the owner-operator and the company.  The former owner-operator of the business has been penalised $16,020 and his company $644,000 in the Federal Circuit Court.

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