by epoch | Dec 4, 2018 | eNews
The Taxable Payments Reporting system was introduced to stem the flow of cash payments to contractors and rampant under-reporting of income. Since the building and construction industry was first targeted in 2012, the reporting system has expanded to include cleaning...
by epoch | Dec 4, 2018 | eNews
New laws passed by parliament last month directly target the behaviour of taxpayers that don’t meet their obligations. Tax deductions denied If taxpayers do not meet their PAYG withholding tax obligations, from 1 July 2019 they will not be able to claim a tax...
by epoch | Dec 4, 2018 | eNews
A former Foodora Australia delivery rider, Joshua Klooger, recently won an unfair dismissal claim despite a service agreement that classified him as an independent contractor. I explore the implications of the case. Pivotal to the Fair Work Commission’s decision was...
by epoch | Nov 5, 2018 | eNews
From 1 July 2017, new rules came into effect that prevent taxpayers claiming a deduction for expenses they incur travelling to and from their residential investment property. The Government restricted travel deductions to curb “widespread abuse around excessive travel...
by epoch | Nov 5, 2018 | eNews
In Australia, around 34 million gift cards are sold each year with an estimated value of $2.5 billion. On average, an estimated $70 million is lost because of expiry dates. Until recently, there was no national regulation for the minimum length of time a gift card...