IR Alert: Casual Employees – The Cost Of Getting It Wrong

In a recent decision handed down by the Full Federal Court in the case of Workpac Pty
Ltd vs Rossato [2020], it has been determined that an employee, whom is incorrectly
classified as a casual employee and paid a casual loading, may also claim annual leave
and personal leave from their employer.

Read More »

Director Identification Numbers

Another tool in the regulatory arsenal to combat phoenix activity has passed parliament and is awaiting royal assent.

A DIN is a unique numerical identifier attributed to each director in perpetuity.

Read More »

HomeBuilder Grant

On 4 June 2020, the Federal Government announced the HomeBuilder program to support jobs in the residential construction sector. The program is a time-limited grant, designed to boost activity in the housing industry after the Housing Industry Association warned it was bracing for a potential drop of 50% for new builds in the second half of 2020.

Read More »

Instant Asset Write-Off Extended

On 9 June 2020 the Australian Government announced that the Instant Asset Write-Off has been extended until 31 December 2020 for eligible businesses.

The scheme provides eligible businesses with an immediate tax deduction for the full value of certain assets.

Read More »