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Boost to instant asset write-off

Boost to instant asset write-off

The budget’s boost to instant asset write-off is now law Federal Budget night announced an increase in the instant asset threshold, and also an extension of which businesses could access the measure. Now the Treasury Laws Amendment (Increasing and Extending the...

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Superannuation Guarantee Amnesty

Superannuation Guarantee Amnesty

At Precision, the issue of unpaid superannuation is an issue that we are very passionate about. We have covered this problem on many occasions and now there is another turn with the proposed SG Amnesty failing to pass into law. This failure of the Superannuation...

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4 days ago
Court set to test employment records obligations

Previously existing loopholes which enabled employers to avoid penalties for underpayment are now closed. Businesses that don’t meet record-keeping or payslip obligations without reasonable excuse ... See more

A landmark court case to be heard later this year will test a key assumption about employment records that could be used to convict businesses of wage underpayment, a law firm has said.

6 days ago
Bikini business fined $30k over refunds policy

Businesses have a responsibility to brush up on their obligations. Agencies such as Consumer Protection, the Small Business Development Corporation and the ACCC offer a range of readily available ... See more

A bikini retailer is considering launching an appeal after it was slapped with penalties worth over $30,000 by a court, which ruled it had breached Australian Consumer Law in regard to its refunds ... See more

1 week ago
FWO reveals compliance targets for FY20

The industries of priority for the Fair Work Ombudsman are fast food operators, restaurants and cafes; horticulture operators and those on the “harvest trail”; and franchisors.

If you are an ... See more

The Fair Work Ombudsman has revealed where it plans to prioritise its compliance efforts next financial year, with certain sectors and issues singled out for greater scrutiny.

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