Employers must comply with the legal responsibilities outlined when dealing with an employee summoned for jury duty, or they could face penalties of up to $50,000.
When an employee gets summoned for jury duty, it can stress the workplace as…
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You’re likely aware that people can put money into their super until they reach 67 years and probably already do so yourself.
But did you know you can put money into your underage children’s superannuation for them if they are under…
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Starting a partnership may be a high-yielding decision whether you are in the business game or setting your sights on a new business venture.
A partnership business structure is an incorporated business with 2-20 owners. The individual…
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Mistakes always happen; although they can be embarrassing, you can recover from them.
Whether the mistake was minor or costly, handling the error with professionalism can save your dignity and credibility.
Next time you forget to hit send on…
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One of the best ways to ensure regular, flexible and tax-effective income as a pensioner is through an income stream from your SMSF.
As a member, you can receive an income stream in a reoccurring series of benefit payments from your SMSF.
Income…
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As interest rates drop to historic lows, a growing number of homeowners today are considering refinancing their home loans.
Refinancing is replacing your current loan with a newer one, or with a different lender, based on factors such as lower…
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Overcomplicating your marketing efforts to increase awareness and boost sales is a common trap. As the marketing industry continues to overcrowd and evolve with technology, businesses must look for ways to break through the noise and send…
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With a new norm surrounding how Australians work (hybrid, remote or office-based), there has been a change in how work-related expenses will be claimed this year during tax season.
Where once the expenses and claims that needed to be…
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Dying intestate (without a Will) can pose many complications for the ordinary person.
But when a sole director and shareholder of a company dies without a Will, it can have an even more devastating impact. Upon the death of a sole director and…
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Despite the significant advantages of diversity in the workplace, unconscious and hidden biases still exist in the hiring process.
Even the most open-minded individuals have unconscious biases that may affect their hiring decision-making.…
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If you or someone you know began a side business (or “side hustle”) during the last financial year, you would have to meet the tax obligations that come with that business, along with the tax obligations of your primary business.
All…
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Last week, the government announced a change to superannuation, introducing a new tax that will apply to member balances above $3 million.
From July 1, 2025, super earnings over $3 million will be taxed at 30 per cent, double the current…
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