Recently, the Commonwealth Bank of Australia made headlines for all the wrong reasons. The bank pleaded guilty to criminal charges for failing to pay long service leave entitlements owed to 17 former staff members, amounting to thousands of dollars. While this may seem like an isolated case, similar investigations have often revealed even more widespread…
As the festive season approaches, businesses are gearing up for Christmas parties and thoughtful gifting to express thanks to their employees. Knowing what you can and can’t claim can be confusing and can make a big difference to how you celebrate. It’s crucial for businesses to be aware of the tax implications associated with these…
What are expense claims? If you are a business owner with staff members who spend their personal money for something business related and they want you to reimburse it or if you don’t have a staff but you are under a company structure where your identity is completely different to the business and you purchase…
