Morning and happy Thursday. There’s plenty of big news from the tech world, so let’s go. 1. Ousted WeWork founder sues investor WeWork co-founder Adam Neumann is suing the company biggest backer, SoftBank, for failing to buy US$3 billion worth of WeWork stock from the former CEO and other shareholders, claiming the Japanese investor… Read more »
Google has settled a long-standing dispute with the Australian Taxation Office (ATO) agreeing to pay an extra $481.5 million in additional tax in a major financial win for the federal government. The search giant’s agreement follows in the wake of similar deals with Microsoft, Apple and Facebook as part of a multinational e-commerce crackdown by… Read more »
If you’ve just lodged your FY2019 tax return and left off income from renting out a room for a few nights on Airbnb, you’d better let the Australian Tax Office (ATO) you need to make some amendments quickly. The global online accommodation site has given the ATO the rental income data – and much more… Read more »
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.