News Articles

April 2015

13
Apr

Tax Reform and Australia’s Future

With May just around the corner, all eyes are watching the Government closely for clues as to what the 2015 Federal Budget will bring.  A key focus of this speculation has been directed towards the topic of tax reform.

13
Apr

Aged Care Reforms

With an ageing population in Australia, the Government is continuing with its reform measures to make the system “fairer” for its users.

13
Apr

Annual Leave Payments – Are You Underpaying Your Employees?

Two decisions handed down by the Federal Courts in the last few months could mean employers are underpaying their staff when it comes to annual leave.  The decisions sought to clarify confusion set out in the 2009 Fair Work Act regarding annual leave payments on termination and annual leave accrual...

13
Apr

FBT and Salary Packaging Arrangements

It is the end of the FBT year and as you are no doubt aware the FBT rate increased from 46.5% to 47%, which in turn impacts Type 1 and Type 2 gross-up rates. From 1 April 2015 the FBT rate will increase again to 49% in line with the...