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Five Key Ways To Build Strong Business Relationships

Establishing and maintaining successful business relationships takes hard work and dedication, but can greatly benefit a business. While there are many ways to build strong business relationships, the following five ways can expand the business networks of most business owners,…

Passing Your Family Business Down To A New Generation

It is fairly well established that many small businesses in Australia are family-owned. However, some people may still be surprised that the percentage of family-owned businesses may be as high as 70%. As Australia’s ageing population continues to grow, there…

How Millenials are Reshaping Business and Workplaces

Millennials – the colloquial name given to those who were born between 1980 and 2000 – have been stereotyped in ways that are both warranted and unwarranted. Regardless of whether or not there is any truth to the stereotypes, the facts…

Reforms to Stop Companies Avoiding Employee Entitlements

The Government will introduce new laws to stop corporate misuse of the Australian Government’s Fair Entitlements Guarantee (FEG) scheme. The FEG scheme is an avenue of last resort assists employees when their employer’s business fails and the employer has not…

ATO’s Occupation Specific Guides

The ATO has developed occupation-specific guides to help taxpayers understand what they can and can’t claim work-related expenses, including: Car Expenses Home Office Expenses Clothing Expenses Self-education or Professional Development Expenses The guides are available for the following occupations: Construction Worker Retail Worker…

Can Travel in an Uber be exempt from FBT?

Editor: The ATO has released a discussion paper to facilitate consultation regarding the definition of ‘taxi’ contained in the FBT Act, and the exemption from FBT for taxi travel undertaken to or from work or due to illness. Although the provision of…