Newsletter - December 2022

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This month we look at: avoiding the FBT Christmas Grinch, the deadline to apply for director IDs, and the Government’s ‘Secure Jobs, Better Pay’ legislation..

  • Avoiding the FBT Christmas Grinch

The most effective way of sharing the Christmas joy with customers is not necessarily the most tax effective. If, for example, you take your client out or entertain them in any way, it’s not tax deductible and you can’t claim back the GST. Pages 1-2. Read More

 

  • Missed the director ID deadline? Now what?

If you missed the 30 November 2022 deadline for obtaining a Director ID, the Australian Business Registry Services have stated that they will not take action against directors that apply for their ID by 14 December 2022. Page 3. Read More

 

  • What do the 'Secure Jobs, Better Pay' reforms mean?

The Fair Work Legislation Amendment (Secure Jobs, Better Pay) Bill 2022 passed Parliament on 2 December 2022. The legislation is extensive and brings into effect a series of changes and obligations that will impact on many workplaces. Pages 4-6. Read More

 

Quote of the month:

"When you're at the end of your rope, tie a knot and hold on."

Former US President Theodore “Teddy” Roosevelt

 

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