AROUND two million Australian workers can now “cash out” some of their excess annual leave under new rules that came into effect in August. Under the new clauses, inserted by the Fair Work Commission into 112 modern awards earlier this year,
Superstream and Industry Funds
Employers who have employees in an industry superannuation fund such as CBUS, REST etc., have to be aware that they may have to pay their employees superannuation contributions monthly. The reason why is explained below: Employees under an
HELP and TSL loan repayment obligations
Taxpayers who have a Higher Education Loan Programme (HELP) or Trade Support Loan (TSL) debt will need to inform the ATO if they plan to travel overseas for 183 days or longer in any 12 month period, as they now have the same repayment obligations as
Fringe Benefits Tax and Electronic Devices
In the 2015–16 Budget, the Government announced that it will allow a fringe benefits tax (FBT) exemption from 1 April 2016 for small businesses with an aggregated annual turnover of less than $2 million that provide employees with more than one
