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...