Family & Domestic Violence Leave Entitlements Recently the modern awards were changed to provide employees with access to 5 days of unpaid family and domestic violence leave each year. The leave can be taken by employees who need to deal with the impact of family and domestic violence, including (but not limited to): making arrangements for their safety or that of a family member; attending court hearings; accessing police services. The entitlement app...

CHRISTMAS IN JULY? Maybe, but it is time to start planning for the Festive Season without breaking the bank. We have some tips on how to avoid the budget going into the 'red' and still enjoy your Christmas and New Year Festivities: Make a Plan - the key to a successful Christmas is to make sure you plan your expenditure. Separate Your Cash and Credit Cards - you should separate your cash and credit card expense budgets. Always using a credit card or cash card ...

Do you have a Website? It maybe time to get a Website or upgrade your existing Website.  Do you know what you can claim as a deductible business expense for your website costs? The expense of a Website falls into 2 categories (according to the ATO Taxation Ruling TR2016/3): 1.  Revenue expenses - generally can deduct the total amount in the year the expense is incurred, these include: licence or subscription fees; monthly hosting fees; socia...

Base rates of pay to increase by 3.5% The Fair Work Commission has announced an increase to minimum wages after their 2018 Annual Wage Review.  The increase applies to base rates of pay and will start on 1 July 2018. The new national minimum wage will increase to $719.20 per week (or $18.93 per hour). What to do next: Make sure your employee's details are current; Make sure your employee's are classified in their correct level of exeperience, acco...

2018 Federal Budget Want to know how it affects you?  Here are the highlights: Up to $530 tax savings (per peron) for low and middle income earners  $20,000 instant business asset write off has been extended to 30 June 2019 1 year exemption from work test for recent retirees (with less than $300,000 in superannuation savings) Superannuation fund exit fees have been banned Home care services and residential aged care funding has increased ...