News

With our world getting smaller over the last few weeks, and Social Distancing becoming our new norm, many employees are now setting up office from home where they can. Here in Australia, model Work Health and Safety laws still apply if workers

You may have lived in Australia, bought a house and lived in it over a period of time. You have since moved overseas for work or to be with family and are no longer a tax resident of Australia, but you still own your Australian property. If this

From March 1 2020, it will be compulsory for employers to keep a record of the starting and finishing times of work, and any unpaid breaks taken, of salaried staff covered by the following awards earning up to $148,700. Banking, Finance and

As we discussed in Summer Edition of our newsletter, Auskey is being replaced by myGovID effective from 1 April 2020. If you have not already made the switch, you need to do so very soon. To read more about the change see –

The fringe benefits tax (FBT) year ends in less than 20 days! For more information about Fringe Benefits Tax (FBT), please see our article – https://www.kbca.com.au/what-is-fringe-benefits-tax/ It is now time to start collecting the data that

Effective April 1, 2020, company directors will be personally liable via a Director Penalty Notices (DPN) for their company’s unpaid goods and services tax (GST). A DPN allows the ATO to circumvent the “corporate veil”, the protection that is

The long awaited superannuation guarantee amnesty is now law. If you are an employer with outstanding superannuation payments prior to 31 March 2018, you need to act quickly to take advantage of these measures. The benefits of the amnesty are as

Clients who currently use an Auskey to access the business portal will need to setup a new myGovID before 1 April 2020. myGovID is the Australian Government’s digital identity provider which aims to transform the way Australians interact

There are a range of new legislations designed to protect superannuation funds from being eroded by insurance premiums and fees.  Some things to consider: Insurance If you have a superannuation fund that is “inactive” for a period of 16 months

Employers need to remember that whilst most businesses receives an extension until 28 February 2020 to lodge their quarterly business activity statement, there is no extension available on the lodgement and payment of superannuation