The pay as you go (PAYG) withholding rules for claiming deductions for payments to your workers have changed. You can no longer claim deductions for payments to workers if you haven't met your PAYG withholding obligations.
Looking to expand or improve your business and thinking of buying new or second-hand assets?
Businesses with a turnover from $10 million to less than $50 million are now eligible for the instant asset write-off. This applies to assets that cost less than $30,000 and were purchased and first used or installed ready for use from 7.30pm (AEDT) on 2 April 2019 to 30 June 2020.
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 affect the people who are involved with your business including employees, contractors, partners and clients.