What does Fewer IR Awards mean for your business?

The first anniversary of the new Fair Work laws was on 1 July 2010.  This date also saw the first pay period that the $26 per week national wage increase was introduced, along with higher award penalty rates, allowances, loadings and casual wages in some industries...

Recent ATO Tax Initiatives

The Australian Tax Office has a number of recent initiatives that may impact on your 2009-2010 Tax return. Please read the following list and consider whether they may benefit or affect your tax return or entitlements. • Removal of the baby bonus – The baby bonus...

Setting Aside a Statutory Demand

A statutory demand is a written demand made against a debtor company to pay its debt to the issuing creditor. Section 459E of the Corporations Act 2001 provides that a creditor may serve a company with a statutory demand for a debt (or debts) due and payable (the...