Superannuation is constantly changing and with an approaching election, it’s likely there will be more changes to come, no matter who wins. The current changes we do know, however affect employers, employees, and self-funded retirees. Employees
Director Identification numbers
I first wrote about directors' identification numbers in our September 2020 newsletter. These numbers can now be obtained and are compulsory for new and existing directors.The requirement to have a director ID number applies to any directorship held
NSW Government Covid-19 Business Grant…
We now have further details on the NSW Government Covid-19 Business grant. If you are an eligible business that satisfies the decline in turnover test you will receive one of the following: $15,000 for a decline in turnover of 70% or more
Preferential payments – you could be liable
I met with a client recently who I will refer to as Tom. Tom’s company was providing services to XYZ company for 3 years. During this time he had billed the company over $1 million. During the last 12 months he was not providing services as an
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