Tax debts to affect your credit score Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only…
Tax debts to affect your credit score Tax debts could soon affect the credit scores of businesses, with the government’s introduction of draft legislation to allow ATO to share debt details of businesses to credit rating agencies. The proposal only…
Underpayment of workers: are you liable? The exploitation of vulnerable workers has been getting a lot of press recently, but did you know that it is not just the company or business involved that may be liable to penalties? In…
ATO spotlight on visa holders, sponsors and migration agents The ATO has launched the latest round of their data-matching program to include all visa holders, visa sponsors and migration agents. It will request the records of approximately 20 million individuals…
Bitcoin Part 1 – personal investors Bitcoin seems to be all the rage at the moment, and while we all know vaguely what it is, the tax consequences of investing in bitcoin aren’t as apparent. In our two-part series, we…
Excessive card surcharges banned to all businesses Australia’s consumer law has changed to limit the amounts that businesses can surcharge customers for using payment methods such as credit, debit and prepaid cards. A ban on excessive card surcharges now applies…
Super concessional contributions: beware of going over the limit If you are either an employee or a self-employed person and you top up your super by making deductible contributions, you need to be aware of not breaching the annual $25,000…