We provide our expert opinion, news, and knowledge to help keep you informed and aimed towards building your business.
Insights
Building Your Business - 2022 Special Compilation Edition: Season 3
In our season finale episode of the Building Your Business podcast, Chris Lewis hosts a special compilation edition - sharing clips from our 2022 releases throughout Season Three.
Proposed Australian Expat Tax Residency Rules - What you need to know
In our latest Building Your Business podcast episode, Chris Lewis chats with Aisha Thomas as they discuss the newly released draft Taxation Ruling (TR 2022/D2) providing an update on expat Australian's individual tax residency rules.
New WFH Expense Method Announced by the ATO
First introduced as part of the pandemic support programs for individuals, the Australian Tax Office intends to conclude the use of their ‘shortcut’ and ‘fixed-rate’ work-from-home expense calculating methods, instead announcing a new combined methodology.
Federal Budget - October 2022 | Our Insights & Analysis
On Tuesday, 25th October, Federal Treasurer Jim Chalmers handed down the 2022/23 Albanese Government - Federal Budget, providing a brief introduction into Labor's priorities to steady the peak of inflation and manage Australia's economic deficit.
Protecting Yourself and Your Business against Cyber Fraud
In the wake of the recent Optus Hacking impacting millions of Australians, data security and protecting yourself and your business against cyber fraud has never been more top of mind.
Understanding the 360-degree view in Human Resources
In the latest episode of the Building Your Business podcast, Chris Lewis hosts Darrin Drew - Director, Business360 - Performance & Productivity and Smiljan Jankovic as they discuss the current trends in Human Resources and Workplace Health & Safety Management, with specific focus given to the 360-degree view surrounding staff management and HR compliance.
Single Touch Payroll - Phase Two | New Reporting Actions Required
With the continuing rollout of Single Touch Payroll – Phase Two well underway since the beginning of the year, we’ve now entered “stage 2” of the process, with employers required to identify and update certain pay items with new earnings categories as defined by the Australian Tax Office.
Preparing Your Self-Managed Super Fund for Audit - Areas of Focus 2022
Managing a Super Fund as a trustee can have significant complexities, especially where keeping abreast of changes in legislation and audit focus areas.
Director Identification Number - ID Requirements November 2022
Under introduced changes by the Australian Business Registry Service (ABRS), Company Directors (of all types of companies) are now required to register with ASIC and gain a unique 'Director Identification Number' (Director ID) identifier.
ATO Debt-Recovery, Director Penalty Notices, Business Leader Liability
In our September episode of the Building Your Business podcast, Chris Lewis hosts Matthew Joiner - Partner, Cor Cordis and Ian Walker (Executive Chairman) as they discuss the Australian Tax Offices' (ATO) recent focus on director obligations and debt recovery activity, the Director Penalty Scheme, and the increased issue of Director Penalty Notices.