Audit of fast-food outlets finds half exploit their workers Sydney Morning Herald reported that half of all fast-food outlets audited by Australia’s workplace watchdog are underpaying their staff, and the overwhelming majority violate payroll obligations. The Fair Work Ombudsman’s nationwide investigation into the fast-food sector has alarmingly revealed just 53 per cent of 565 spot-checked employers have been paying their staff […]
Are you an Employee or a Contractor?
Are you an Employee or a Contractor? The ATO have designed a tool that you can use to work out if your worker is an employee or contractor for tax and super purposes. The decision tool is for use by businesses that engage and pay a worker. To access the tool click here. What this […]
DHS benefits & entitlements
By Bottrell Group on March 29, 2016 in Australian Tax Office Updates, Interesting Articles, Motivation, Uncategorized
DHS benefits & entitlements DHS specified benefits and entitlements data matching The ATO has advised that it will collect information from the Department of Human Services (DHS) for the following benefits and entitlements: family tax benefits – part B; paid parental leave scheme; carers’ allowance; and Medicare entitlement statements. This data will be compared with […]
GST implications
By Bottrell Group on March 29, 2016 in Australian Tax Office Updates, Hints & Tips, Interesting Articles, Motivation, Uncategorized
GST implications when employer pays for a super fund’s expense GST implications An employer cannot claim an input tax credit where it pays an expense on behalf of a superannuation fund, as the supply is not made to the employer; but to the super fund. However, if the fund is registered for GST, then it […]
Management Reporting for Clients
Provision of Management Reporting for Clients As part of Bottrell Business Consultants commitment to our clients, to provide optimal business services. We use Fathom and Spotlight reporting to provide deeper insight and analysis into their business. We can assess business performance and monitor trends to identify improvement opportunities that allow clients to better understand and […]
Additional Services
Additional Services Bottrell Business Consultants provide a full range of accounting and taxation services that allow our clients to achieve their financial, business and personal goals. BBC also offer a range of additional services to save you time and make your business run more efficiently. These include: Payroll Management Our team can draft and […]
Benefits of Business Advice
Benefits for Obtaining Business Advice Are you considering getting some business advice, but are unsure of the benefits? We have put together a list of some of the main advantages to getting advice whether it be as a start up business or an established business. Advice The biggest benefit of having a business mentor is […]
Easter Trading Hours
Easter Trading Hours The Bottrell team would like to wish you and your family a happy and safe easter. Our office will be closed on Friday 25th of March and also Monday 28th March. Any urgent matters please email gavin@bottrellaccounting.com.au Are you interested in joining our team? Are you interested in joining our […]
Chartered Accountants Newcastle
Gavin Bottrell Chartered Accountants Newcastle “When you innovate, you’ve got to be prepared for everyone telling you you’re nuts”. Larry Ellison My goal is simple – to help businesses achieve great things. And if that involves people telling me I’m nuts – then all the better for it. I head up the award-winning Bottrell Business […]
110 Marketing Ideas
110 Marketing Ideas 110 Marketing Ideas Physical Network Marketing 1. Promote local sporting team through sponsorship 2. Promote local events through sponsorship 3. Increase your social network by attending local community events 4. Take on a student looking for work experience 5. Sponsor local schools and reward student achievements i.e. Dux, School Captain, Winner of […]
Seven steps to better forecasting
Seven steps to better forecasting Business leaders make judgement calls every day. Philip Tetlock says there are ways to improve the chances of getting them right. 1. Break seeming intractable problems into tractable sub-problems. Superforecasters split problems into knowable and unknowable parts. They flush ignorance into the open. ”Expose and examine your assumptions,” says Tetlock. […]
Tax Practitioners Board Labour hire
Tax Pactitioners Board Labour hire Tax Practitioners Board Labour hire On 8 January 2016, the Tax Practitioners Board issued its final information sheet on Labour hire/on-hire firms after considering industry comments and submissions. Generally, the TPB considers that where a labour hire/on-hire firm is merely sourcing a candidate for a client and the client is fully responsible […]
Tax Practitioners Board 2016
Tax Practitioners Board 2016 Tax Practitioners Board 2016 In its latest newsletter, the Tax Practitioners Board (TPB) notes that with the addition of over 17,000 tax (financial) advisers, the number of tax practitioners registered by the TPB has increased to around 73,000 this year. From 1 January 2016, it will be reviewing and processing new applications for […]
FBT: John Holland Group and travel expenses
travel expenses travel expenses The Ato has issued a Decision Impact Statement basically accepting the Full Federal Court’s unfavorable decision to the ATO, and agreeing to apply it to similar factual situations. Brief Summary Between May 2011 and September 2012, John Holland Group employees worked on the Midwest Project at Geralton, WA. The employer paid […]
ATO firms its position on non-arms’ length LRBAs
ATO firms its position on non-arms’ length LRBAs The ATO states that on a number of occasions it has expressed its view that the non-arms’ length income (NALI) provisions can apply when an SMSF trustee undertakes limited recourse borrowing arrangements (LRBAs) established or maintained on terms that are not consistent with an arm’s length dealing. […]
