The Australian Taxation Office (ATO) has reminded that certain ‘cash in hand’ payments to workers will not be tax deductible from 1 July 2019. ‘Cash in hand’ is a payment in cash to employees that Read more…
The Federal Government’s personal income tax plan containing new tax rates and tax offsets have recently become law. The changes are intended by the Government to stimulate the economy by delivering tax relief for individual Read more…
The minimum super an employer must pay each quarter for each eligible employee is called the super guarantee (SG). Currently the SG is 9.5% of an employee’s ordinary time earnings (OTE). OTE is usually the Read more…