Unpaid Trust Distributions: ATO's Rulings vs. Recent AAT Decision and What It Means for 2023
It has long been the ATO’s practice to treat a trust’s unpaid present entitlements (“UPE”) to a company as a loan for th...
The journey to Workplace Health and Safety (WHS) compliance can be overwhelming for many SMEs. It’s time consuming. It’s labour intensive. Unintentionally, it often ends up at the bottom of the list. Despite the obvious, what’s the incentive to prioritise?
Queensland recently introduced the new offence of industrial manslaughter into the Workplace Health and Safety Act 2011. Maximum penalties of $20 million for a person conducting a business or undertaking and, a jail term of 20 years for a senior officer may apply, if found to have negligently caused the death of a worker in Queensland.
Safe Work Australia released national guidance material on work-related psychological health and safety on 14 June 2018. It outlines what businesses need to do to ensure the psychological health and safety of its workers.
These recent changes give us something to think about. Perhaps just the incentive needed to shift a SME from Workplace Health and Safety (WHS) complacency to WHS priority?
A physical and/or psychological incident could occur in your workplace at any time. That’s the reality. It’s a matter of when (not if). Without an active comprehensive WHS Management System in place, your business is exposed. It’s a real business risk.
Consider this
An effective WHS Management System demonstrates the active steps you have taken to put in place control measures to eliminate or minimise any identified workplace hazards to ensure the health (physical and psychological) and safety of your workforce. WHS policies and procedures should form the framework of your WHS Management System.
An effective WHS Management system will reduce the risk of workplace injuries and can help reduce your workers' compensation premium. An incentive that makes good business sense.
There is no better advertisement campaign that is low cost and also successful at the same time.
It has long been the ATO’s practice to treat a trust’s unpaid present entitlements (“UPE”) to a company as a loan for th...
Small businesses with an aggregated turnover of less than $50 million will be able to claim a bonus deduction equal to 2...
From the 1 July 2023 your wages data collated from your Single Touch Payroll (STP) lodgments will be prefilled into your...