small business accounting newsletter | 2024 | February 2024 Newsletter

Often seen in start-ups and smaller companies, "clan" cultures are typically people-focused and collaborative with minimal hierarchy. These small set-ups have a...

Proposed changes to stage 3 tax cuts announced

With the government finally caving into pressure to change the stage 3 income tax cuts despite its previous promises to...

ATO areas of focus on businesses for the coming year

As we move into 2024, the ATO has highlighted three areas of focus for businesses: taking steps to address cyber security and increased protection of...

Employees versus contractors: new rules

Following two prominent High Court decisions which dealt with the distinction between employees and independent contractors, the ATO has sought to...

ATOs continued focus on illegal early release of super

As a new calendar year commences, the ATO’s priorities in the self managed super fund (SMSF) sector remain consistent. As in previous years...