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Workers Compensation Audits

Workers Compensation covers employees and employers in the event of a work related injury or disease. Through this system, injured workers have an entitlement to payments either weekly, lump sums or payment of medical bills and rehabilitation in some cases. Having a...

More ways to Pay

In the past it has been challenging for small businesses to offer easy ways for customers to pay without being out of pocket themselves. With the technological advancements today, faster and simpler payment methods are available which benefit both the customer and...

7 Tried and True Management Tips

You often hear that people are natural born leaders, but don’t hear about how much help they had along the way. It can be hard to manage staff, so here are some tips to help you out. Lead by Example. Even though your role is different from your employees, behave as...

Small Business Dismissal Code

The small business fair dismissal code came into effect on 1 July 2009 and applies to employers with fewer than 15 employees. As an employer you need to abide by the rules set out in the fair dismissal code to avoid legal action. Here is all the information you need...

Depreciation Methods for Investment Properties

There are two methods allowed by the ATO, that you can use when claiming depreciation on fixtures and fittings within your investment properties. The first is diminishing value, and the second is the prime cost method. You may only choose one of these when claiming...

Understanding Fringe Benefits Tax

A fringe benefit is a payment made to an employee or their associates (e.g. a family member) during the course of employment that is not in the form of salary or wages. The Fringe Benefits Tax (FBT) is the tax associated with these different forms of payment, with the...

Best Business Apps

Your business can always benefit from an increase in efficiency and productivity, and the means of getting such increase have never been so available. Having the right apps on your phone, tablet and even desktop computer can help your business grow by making you more...

R&D Tax Incentive 2014

What does this incentive mean for you? Replacing the research and development tax concession, the Government introduced the research and development (R&D) tax incentive in 2011 with the aim of boosting competitiveness and improving productivity across the...