Cash payments crackdown to close “loophole” allowing businesses to deduct “non-compliant” payments

SmartCompany, September 18, 2018 A participant in the federal government’s Black Economy Taskforce has welcomed reforms that will prevent businesses from claiming deductions on cash payments to employees if they haven’t properly met their tax obligations. The changes, set to be introduced to parliament later this week, will crack down on cash payments, The Australian reports. If passed, the reforms …

“Administrative nightmare”: Labor bid to scrap superannuation threshold would hit small business

SmartCompany, September 24, 2018 Employer groups and accounting experts say Labor’s plan to abolish the Superannuation Guarantee threshold will saddle small businesses with higher costs and administrative headaches. Nestled in its wide ranging superannuation policy announcement last week, Labor committed to changing the rules so that employees that earn less than $450 per month from an employer will be entitled …

Fair Work fines cleaning contractor $144k for underpaying casual workers

The Australian, September 25, 2018 (EXTRACT) A cleaning contractor with a “history of non compliance” has been penalised $144,000 for underpaying three casual workers more than $10,000. The Federal Circuit Court ordered David Leslie Hinchcliffe pay $25,000 and his company Davdot pay $119,000 for underpaying the trio, two of whom were migrant workers. The three employees performed cleaning duties at …

Small business backs ‘perma-flexi’ worker plan

The Australian, September 26, 2018 (EXTRACT) Small Business Ombudsman Kate Carnell has lent support to an ­employer push to create a new “perma-flexi” employee category, as unions warned mining ­companies that they could be ­complicit in breaking the law following a precedent-setting court ­judgment. The NSW Business Chamber has applied to the Fair Work ­Commission to create the ­employee category in a …

MESSAGE FROM OUR CEO – AUGUST 2018

DEMISE OF SMALL BUSINESS VOICE: It is with profound concern that small business organisations, traditionally the voice of small business, in particular, business associations, chambers of commerce and industry associations are experiencing a demise in their membership numbers, while more significantly recently some have ceased to exist. Conversely, at the same time new networking organisations, that are not voices for …

Labor promises to appoint second ATO commissioner to deal with small business disputes if elected

SmartCompany, August 31, 2018 Labor has promised Australian small businesses a brand new commissioner for the Australian Taxation Office (ATO), to deal specifically with SME and taxpayer disputes as a way to help Australian businesses get “the care and attention they deserve”. In a statement released today, Shadow Minister for Small Business and Shadow Treasurer Chris Bowen announced the new …

Seven acts for Michaelia Cash to win support of small business

The Australian, August 28, 2018 It is ironic that Michaelia Cash.- one of the supporters of the ill-fated Dutton leadership drive- – is now one of the few ministers in the Morrison-Frydenberg government in a position to change its fortunes. Indeed it was brilliant decision to appoint Cash as the small and family business minister and make her part of …

Mathias Cormann goes full throttle on company tax cuts

The Australian, August 28, 2018 It is ironic that Michaelia Cash.- one of the supporters of the ill-fated Dutton leadership drive- – is now one of the few ministers in the Morrison-Frydenberg government in a position to change its fortunes. Indeed it was brilliant decision to appoint Cash as the small and family business minister and make her part of …