Early in 2019, the ATO invited members of the Small Business Stewardship Group (SBSG) to participate in a consultation activity about several issues regarding the structure and content of the ATO website. This included a new business record keeping resource…
Restaurant Tips Tipping for services – do you pay GST on the Tips received? What happens when a customer pays a tip? Does it get reported on the BAS? What is the impact for employees/contractors? What happens with tipping depends…
Decisions we make are far more important than the work we do. The latter gets the job done; the former makes the difference to our future (success). So, making good decisions is critical to success This article looks at some…
CORRECTING ACTIVITY STATEMENTS Correcting is not making an adjustment! Correcting an error or mistake is about fixing an amount that was incorrect when lodged, typically due to transposition error, misclassification or double counting. Adjustments are to items that were correct at the…
The Fair Work Ombudsman recently instigated court action which challenged whether the worker was a Contractor or an Employee – FWO believe they are employees and the persons were underpaid. A purchaser should ensure they are paying enough A developing…
This is a brief but very important piece of advice for making important decisions. There are two parts in making any decision… the feeling you have inside (your senses) and the thoughts you have (your brain). Until they both align,…
New Gift Card Laws – Expiry Dates The new laws apply to all gift cards and vouchers sold from 1 November 2019 onwards. Any gift card sold before 1 November 2019 date will continue to carry the same expiry period…
There is little point going to a lot of effort to source and appoint quality people only to lose them. This is a brief look at why good people leave businesses. Lack of confidence and belief in the people above…
Small business owners experiencing mental health issues Having a mentally healthy workplace is important. Everyday pressures, unexpected life circumstances, stress, depression or anxiety can have a negative impact on your quality of life and ability to run your business. This can…
