It is a common misconception that when you engage contractors, it is a much simpler arrangement which simply requires the contractor to get an ABN, provide an invoice and then your business can wash its hands of any further responsibility. In fact, it is quite the opposite. You now need to complete an assessment of …
There has never been a more important time for businesses to be both aware and up to date with their super obligations. Having been in the accounting industry for well over a decade, I can say with confidence that the ATO has never been so proactive in auditing businesses who are not keeping up to …
Call me an accountant, but I love giving my clients a tax deduction. Unfortunately, many businesses are under the impression that you can throw any sort of party and buy any sort of gift and the ATO will give you a tax deduction for providing some Christmas cheer. I quite often hear the argument “but …
