Long Service Leave for construction workers

Long Service Leave For Construction Workers

Long service leave is an employee entitlement received after an employee works for the same employer for a long period of time. Once an employee completes ten years of service, they are entitled to two months of paid leave. As…

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Beware Australian Amazon Sellers using LLC’s

Beware Australian Amazon Sellers Using LLC’s

Australian Amazon sellers using LLC's to conduct their Amazon business in the USA should be aware of new changes to the reporting requirements for LLC's owned by foreign entities (individuals & corporations). See article from Ernst Young Foreign owned LLC's…

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Choosing a motor vehicle expense method

Choosing A Motor Vehicle Expense Method

The complexity associated with the selection of a motor vehicle expense method is now slightly lessened due to changes proposed, and subsequently passed, in the Government’s 2015-2016 Federal Budget. In previous income tax years, there were four methods one could…

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2016 Federal Budget Highlights

2016 Federal Budget Highlights

There was a lot to digest in the Budget that was handed down last night. We have simplified it down to the areas that will affect your tax affairs. Please note that these are proposed measures and have not been…

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Reserve Bank Interest Rate Cut May 2016

Reserve Bank Interest Rate Cut May 2016

The Reserve Bank of Australia has lowered the official interest rate to 1.75% - a new historic low! This has come as a shock as interest rates have not been changed since May last year. The decrease to the interest…

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