Wage subsidies for Jobactive candidates

Under the new ‘employer focused’ Jobactive model there is now a vast pool of job ready candidates who attract a wage subsidy. Gone are the days of wage subsidies being reserved for only the very disadvantaged job-seekers. Today, the majority of Jobactive candidates...

Tax consequences of Christmas parties and gifts

Tax consequences of Christmas parties and gifts Merry Christmas, Thought I’d give you the following gift – everything you need to know about the tax consequences of Christmas parties and gifts. Gifts to customers, suppliers and their associates Gifts such as hampers,...

Changes To Casual Employment

Changes to casual employment On 6 July 2017, the Fair Work Commission determined that regular casual employees have the right to convert to permanent employment. The determination applies to casual employees that work regular and systematic hours for at least 12...

Federal budget 2014 – 2015

Federal budget 2014 – 2015 Accelerated depreciation Incredibly the budget introduced an immediate tax deduction for the purchase assets costing less than $20,000 for small business entities (SBEs) from 12 May 2015 to 30 June 2017. From 1 July 2017 the immediate tax...

Negatively geared property investing

Negatively geared property investing There’s been a lot of discussion recently regarding the removal of negative gearing as a tax minimisation strategy but many still don’t know exactly what it entails and exactly how it can help, so the following is an introduction....

Right Financial Advice

Imagine how much you could be saving with the right financial advice? Southern Cross Accounting are the experts when it comes to Taxation and Accounting Services – our business is to know your business – offering you the latest financial advice available. We have...

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