What the Election Means for You: Key Tax Updates for Individuals & Small Businesses
As Australia heads to the polls, tax policy is front and centre in the campaign promises from both major parties. With rising living costs and pressure on small businesses, both Labor and the Coalition have announced a range of measures that could impact your tax planning.
Service-for-one - what they are, how to set one up, how they operate
Service for one entities are an alternative being used by families who have special needs family members. In a service for one entity, the business employs staff and pays them using the participant’s NDIS funding. There are restrictions on who can be employed, eg no family members, however service for one entities can increase continuity of care, the quality of care and the central person’s overall happiness.
The Payroll Compliance Crisis: A Wake-Up Call for Australian Businesses
Complacency is no longer an option when it comes to payroll in Australia.