According to the ATO, a significant number of businesses they visited last year had workers incorrectly engaged as contractors instead of employees. If allocated correctly this can save money, however, can be a costly mistake costing businesses in penalties for...

The Government has made the following changes to Superannuation Guarantee Contributions that will come into effect in July 2013:- - an increase in the super guarantee rate from 9% to 9.25% and a gradual increase to 12% over the following six years - removal of the...

From July 2012 the following changes will apply: The Flood levy imposed to help pay for damages caused by the Queensland floods will cease. The 2012/13 Tax rates will vary considerably with the Tax free threshold increasing from $6000 to $18200 and all subsequent...