Home office expenses

You may be entitled to claim deductions for home expenses including a computer, phone or other electronic devices you are required to use for work purposes, as well as a deduction for running costs. Claim Deductions As an employee, generally you cannot claim a...

Becoming a director of a company?

A company registered in Australia needs to have a minimum number of directors and a secretary. If a company does not have enough officers, it will be in breach of the Corporations Act 2001. This could result in the company paying penalties or being prosecuted for not...

Update to Recent Amendments To The Retail Leases Act NSW

Recent Amendments to the Retail Leases Act NSW have received Royal assent by the passing of the Retail Leases (Amendment) Bill 2016 NSW and there have been some significant changes to the requirements and obligations of Lessors (landlords) involving Retail Leases....

ATO reports on the most common breaches by SMSFs

The ATO has released data which shows that one of the most common breaches by a SMSF is financial assistance to a member or a related party. The legislation is clear, no one associated with your superannuation should get any financial assistance from the fund. SMSF...

Long-term casual employment

Long-term casual employment rights Many employers as well employees are unaware of the rights of long-term casual employees. According to the Fair Work Act, a long-term casual employee is an individual that: is a casual employee; and has been employed by an employer...