May 20, 2019
It's good to have a tax plan before the end of financial year comes as this will help you make sound decisions and maximise business returns.
May 20, 2019
PM Scott Morrison has secured his third term in office for the Coalition with an unexpected victory after voters rejected the Opposition's policy agenda.
May 20, 2019
There are plenty of figures in bookkeeping, POS and other business systems and it could be helpful to have the most important ones in a dashboard. With the help of hospitality accountants, create a weekly set to quickly measure results and manage them.
May 16, 2019
Payroll can get very tricky and confusing but it gets even more complex when you consider public holiday pay rates. Public holidays are part of Australia's employment standards and workers have the right to be absent from work during these days.
May 16, 2019
Businesses explain that Sunday and public holiday surcharges go to the additional operating costs that come with public holiday operations, including higher employee wages.
May 13, 2019
More than 15% of Australian employees are paid based on a modern award but plenty of employers are still non-compliant mainly because awards are complex and interpretations are not always straight forward.
May 13, 2019
Australia's accommodation sector is being influenced by new global and local brands, technologies and services. The Sydney hotel sector has started its dramatic expansion since the 2000 Olympics.
May 08, 2019
There are two types of dividends: franked and unfranked. A franked dividend has a tax credit attached to it while an unfranked dividend does not. The franking credit refund policy benefits those who own shares in companies but do not pay much tax.
May 08, 2019
Casual staff who have worked regular hours for at least one year may now request a permanent position. The ruling by the Fair Work Commission was implemented in October and is expected to provide casual staff with opportunities for permanent employment.
May 05, 2019
It is important for business owners to know what to report to the ATO so they can avoid making costly mistakes. Here are some fringe tax benefit related items that often attract the ATO's attention.