A recent case in the Supreme Court of Victoria (Marsella v Wareham) recently made a ruling that on the surface offers some balance to the role of a surviving trustee of a self managed super fund (SMSF). The previous famous case of Katz v Grassman
Archives for March 2019
Fringe benefits tax – a change to ATO guidelines
The Australian Tax Office (ATO) has made a change to the Fringe Benefits Tax (FBT) guidelines, set to take effect for the 2019 FBT year and beyond, that will give businesses that supply employees with utes and vans a prescriptive method to
Single touch payroll – are you ready?
WHAT? Single Touch Payroll (STP) reports wages tax and super from a payroll or accounting software to the Australian Tax Office (ATO). ATO systems will match the STP information to employer and employee records. Wages are reported at each pay
Are you paying your employees correctly?
The Fair Work Ombudsman (FWO) has commenced the first legal action utilising new reverse onus of proof laws that require employers to disprove underpayment allegations in Court when they have failed to keep adequate time and wages records or issue