Clients working past 65 put age pension plans to the test

The number of people working after turning 65 is increasing. The workforce participation rate in Australia for people aged 65 and over increased from 5.3 per cent in 1990 to 6.2 per cent in 2000. And in March 2016, the rate increased to 13 per cent. Working past the...

Managing ATO Reviews & Audits

The ATO has a responsibility to the community to ensure everyone complies with Australia’s tax laws.  For this reason, they conduct audits and investigations to check the accuracy of the information that’s provided to them.    The audit process can be a very...

ATO Powers: Departure Prohibition Orders

Part IVA of the Tax Administration Act 1953 (Cth) gives the Commissioner the power to issue a departure prohibition order (“DPO”) which prohibits a tax debtor from leaving Australia, regardless of whether the tax debtor intends to return. The purpose is to stop tax...

Notice of Termination

Notice of termination and redundancy pay forms part of the National Employment Standards (NES). The NES apply to all employees covered by the national workplace relations system, regardless of any award, agreement, or contract. The NES establish the minimum...