The Australian Taxation Office (ATO) has released a set of standard document templates to help startups establish and operate an Employee Share Scheme following amendments to the regulation of the scheme passed by the Senate last week.
The Australian economy has had its fair share of peaks and troughs. I absolutely love Australia and it is home for me, but I am disappointed by the support it currently offers to a ‘budding entrepreneur’ such as myself.
As business expenses come under the microscope, especially the work-related proportion of use for computers, phones or other electronic devices, the arrival of Mobilyser couldn’t be timelier. The Perth-based startup wants to ensure employers and employees are accurate in their expense claims and aren’t subject to unwanted visits by the Australian Taxation Office (ATO).
As a business owner, you must ensure you are managing employer superannuation requirements for your team. This means ensuring that superannuation is paid to the relevant employees, that the right amount of superannuation is paid to them and that it is paid on time.