What's Inside Your Knowledge for March 2019
Pages 1 and 2
Single touch payroll extended to all employers.
Under 20 employees? What you need to do.
Employers with poor super guarantee payment history outed.
Quote of the month
PAGES 3, 4 and 5
Legislation in limbo
Extension of the $20k instant asset write-off.
Removing the CGT main residence exemption for non-residents.
Employer Superannuation Guarantee amnesty.
SMSF membership limit changes.
Superannuation guarantee and salary sacrifice.
Craft beer excise changes.
Future Drought Fund.
Curbing payday loans and rent-to-buy schemes.
Benefits during emergencies exempt from FBT
If your business assists employees during an emergency, for
example floods, bushfires etc., then fringe benefits tax is unlikely to
apply to the assistance you provide.
International Women's Day: Has Anything changed?
Women and girls make up just over half (50.7%) of the Australian
population. While women comprise roughly 47% of all employees in
Australia, they take home on average $251.20 less than men each
week (full-time adult ordinary earnings). The national gender “pay
gap” is 15.3% and it has remained stuck between 15% and 19% for
the past two decades.
McSweeney CA can give you the peace of mind to focus on building and growing your business while avoiding issues with your business. We give advice on strategic planning that is essential to the effective structuring of both your business and personal affairs, enabling you to implement growth strategies, taxation planning, asset protection and wealth management.