Single touch payroll and lodgments
Single touch payroll reporting is now in effect for most employers with 20 or more employees. For those with less than 20 employees, this will come into effect for you come 1 July 2019. Each time you pay your employees, you will report the tax and super information to the ATO from your Single Touch […]
Opening on a Public Holiday
A vexed issue for business owners especially cafes and restaurants, is whether to open on Public Holidays and whether there should there be a surcharge. There is a balance between wage costs against opportunities, and often this can be challenging for a business owner to determine.
What the Election Means for Business
In my experience the next two months will be tough for small retailers and hospitality businesses as the uncertainty that the election process brings will make it harder to get customers to spend.
10 ideas to help your business
If your business is struggling, you may not know the best way to fix the problem without some help. We’ve put together 10 ways that you may be able to use to turn your struggling business around. If you aren’t sure where to start, contact us and speak with the experts.
Accommodation Industry Woes
Some observations on the changing landscape of the accommodation industry in Australia, particularly in rural and regional areas.
Shutting down your business
Whether you’re closing down your business by choice or have been forced to do so, it is an involved process with strict compliance requirements. How you shut down will depend on your business structure and why you’re no longer operating your business. Where possible, plan ahead so you can get professional advice, fulfil compliance requirements, […]
What is a provisional liquidator?
Provisional liquidation is a temporary measure used to protect the assets of a company in certain situations. The law on provisional liquidation allows the provisional liquidation process to be activated only under certain circumstances. Whether you’re a creditor, shareholder, or director of a company, you might be considering provisional liquidation to protect and preserve the […]
Tax in the sharing economy
Have you ever let a room on the popular accommodation site Airbnb? Ever shared a ride with pseudo taxi service Uber? If you participate in what’s now called the “sharing economy”, you may have some tax to pay. The Tax Office says the sharing economy is a new way of “connecting buyers (‘users’) with sellers […]
Understanding Tax Obligations for Airbnb HostsTax and Airbnb
Airbnb is one of many examples of the “sharing economy” — connecting buyers (users) and sellers (providers) through a facilitator that usually operates an app or a website. Airbnb acts as this facilitator by allowing individuals, referred to as “hosts”, to rent out a room of their house or their whole house for a short-time […]
Industry Specific – Motels
Craig runs through the observations of the accommodation industry in rural locations. More information? To find out more, give us a call on 1300 023 782 or email team@cdrta.au.
