by Affinity | Apr 4, 2016 | Business eNews
In Australia, there are 3 main types of employment contracts: permanent (full-time or part-time), casual, and fixed term (whether full-time or part-time). This article focuses on fixed term contracts, which are perhaps the least common type of employment contract....
by Affinity | Apr 1, 2016 | Business eNews
Being a Company Director is an onerous role that requires a director to be aware of a wide range of activities affecting the company, including: Understanding Financial Accounts This relates to: Monthly Trading Profit & Loss Accounts for each business activity...
by Affinity | Apr 1, 2016 | Business eNews
The 2016 FBT year ends on 31 March 2016. As this date is fast approaching businesses should now be planning to ensure their documentation is in place to accurately prepare and lodge their FBT returns on time. FBT registration The first thing businesses should check is...
by Affinity | Mar 1, 2016 | Business eNews
(Aggregated turnover of over $2 million.) Prepayments The prepayment rule for other small businesses applies to business taxpayers with a group turnover of $2 million or more. General Deductions Staff Bonuses – ensure a cheque has been written prior to 30th June 2016...
by Affinity | Mar 1, 2016 | Business eNews
(Aggregated turnover of less than $2 million – “aggregated turnover” is calculated on a group basis and must be “business income”.) The small business entity rules apply to a sole trader, partnership, company or trust which has a group turnover of less than $2 million...
