Involvement in an SMSF can put certain responsibilities in their trustees hands, and those who overlook important details or find themselves reported to the ATO for failing to fulfil those responsibilities may risk incurring financial, civil or criminal penalties. As SMSFs often involve multiple members, the risk of non-compliance grows. You might be doing the…
Implementing working from home and remote work flexibility into existing positions in your business could affect your employer liability. With the fresh start of a new year, it’s the perfect time to closely examine how your liability may have been affected by the events of the previous years, and how you can move forward into…
For any contributions, that are made into your super fund (be that Super Guarantee contributions or any additional and voluntary contributions), your superannuation fund provider will typically invest your super savings over the course of your working life, so you can hopefully retire comfortably. But how do they ensure that your funds do not simply…
Been hearing a lot about business activity statements, and feeling more than a little pressure? Kicking off the new year for your business shouldn’t be shrouded in the darkness that can be a looming BAS. But how can you be certain that your business is prepared? To start with, demystifying the BAS might alleviate some…