AusBiz News
LATEST CATEGORY POST
WHAT’S NEW RECENT POST
Contractor Handbook: Knowing Your Rights and Duties
The Flexibility and Responsibility of Being a Contractor Being a contractor offers flexibility, choice and more control over your own schedule. It also means that you have different responsibilities from other employees that you may have to fulfil. Employer Alert: Understanding Contractor vs. Employee For employers, knowing the difference between…
What should you do when contracts, sales or purchases are cancelled?
Contracts, sales, or purchases are bound to be canceled with financial uncertainty plaguing the economy. To help you get through this, the ATO recommends making a goods and services tax (GST) adjustment when cancellations do occur. In the event of contracts, sales, or purchase cancellation, you can make a GST-decreasing…
Minimum Rate Increase To 21 Awards – Is Your Business Compliant?
From 1 November 2021, minimum wages in 21 awards were increased. If you are not paying your employees this new rate of pay, you may find yourself facing significant penalties for failure to comply with the Fair Work Ombudsman. This increase is to be applied to anyone who is paid…
How Do You Make Sure Your Super Goes To The Right Person When You Die?
What happens to your super when you die? It might not be a question that has cropped up in many people’s minds, but it is something that you should be concerned about. Upon the untimely death of someone, their superannuation may be one of the elements of the estate that…