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Are they contractors or your employees?

It is important to correctly determine whether your worker is an employee or a contractor as different rules by different regulators apply to both. For example, the tax and superannuation obligations that are applicable to your worker are dependent on whether they are...

Who is Responsible – the Builder or the Owner?

From 15 January 2015 the definition of defects under the NSW Home Building Act has changed. The term “structural defect” has been replaced by the new term “major defect in residential building work.” This means that you are now accountable for any issues with any...

Things to do before June 30

The end of the financial year is fast approaching and there are a range of taxation issues that businesses have to consider. It is important that you are aware of these issues and get everything in order before 30 June 2015. ATO tax obligations Take care of any ATO...

Review your SMSF Investment Strategy

Not only is an Investment Strategy mandatory for all SMSF it is critical to ensure that your superannuation fund maximises the return on its investments and minimises its investment risks. SMSF Investment Overview Many SMSF that do not have an adequate investment...

Legal Tips for your Business Online

In today’s internet era it is common for organisations to have an online presence, such as a company website or social media platforms. It is important to remember that your organisation has legal responsibilities online, just as it does offline. Here are some legal...

Why set up a business in Australia?

There are a number of reasons to start up a business in Australia. The following article will highlight some of the advantages of setting up a business in Australia. Set up a Business Now! Developed Country Australia is one of the most developed and wealthiest...

SMSF: Are You a Disqualified Person?

The Commissioner of Taxation recently released the annual report for 2013-14 which highlighted an alarming increase in the number of Self Managed Super Fund (SMSF) trustees that were declared disqualified persons by the ATO. A disqualified person is prohibited from...