Category: Business Advisory
Victorian Employers need to be informed that as of the 1st November 2018 there will be significant changes to Long Service Leave (LSL) Entitlements. Employees Employees are now entitled to take Long Service Leave after 7 years of continuous service with one employer as opposed to 10 years. An employee is able to request Long Service… Continue reading Changes to the Long Service Leave Act
As some of you may already be aware, a major change to property depreciation legislation has been implemented. The federal government has passed through a new legislation which will place restrictions on claiming depreciation deductions for second-hand items in properties. Property investors that exchanged contracts to purchase a second-hand residential investment property after the 9th… Continue reading Changes to depreciation legislation for Australian Residential Property Investors
The federal government budget will introduce a proposed change whereby the responsibility for remitting GST on the sale of new residential premises will shift from property developers to purchasers. As the law currently stands, developers collect GST from the purchasers as part of the buying price and then send it to the ATO. As… Continue reading Attention Property Developers!
When we set up a business we dont think much about where it could end up, or what the potential is, until its probably too late. Building a business is like building a house, if the foundations and the structure are strong, then you would hope that it is worth more to a potential buyer. Securing… Continue reading Start Up Business Branding