Cyber Security

Protect Your Valuable Website & Electronic Records with Cyber Insurance by Conrad Gaudin, Busy Bookkeeping – Eastern Suburbs. It is Mandatory! Since February 2017 if you spot a security breach, which may cause unauthorised access or disclosure of personal information, you’re legally required to report it to the Government and the people whose information has …

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New GST Law for Directors

“Keep your GST lodgements and payments up-to-date” by Conrad Gaudin, General Manager Busy Bookkeeping Eastern Suburbs Recently the Government passed legislation which may make company directors personally liable for any unpaid/overdue GST of their business. This adds to the ATO already having the authority to issue Director Penalty Notices (DPN) to pursue directors personally for …

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TAX ALERT

Scammers pretending to be from the ATO are using a new tactic. They’ll phone you about a fake tax debt and try to start a three-way call with another scammer who claims to work alongside your regular Tax Agent. Keep an ear out for suspicious phone calls and warn your friends and family to beware …

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ATO to investigate ‘systemic abuse’ of $22 billion in work expense claims

Australian tax officials are examining how to end the “systemic abuse” of work expenses, with dodgy claims made by millions of Australians robbing the budget of at least $2.5 billion a year – more than the cost of multinational tax avoidance. In a submission to a parliamentary committee examining tax issues, the Turnbull government said …

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7 mistakes people make when thinking about people and culture

A company cannot thrive without its people and culture. It is as simple as that. With technological anxieties and fears of automation, it has become unwittingly easier to lose focus on developing people and culture. If this type of thinking becomes normalised, you will lose what made your company, your business, your brand so great …

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Managing Stress!

It’s important to have conversations with your employees regularly to find out how they are. External factors may cause someone to feel stressed, such as trauma, loss of a family member or friend, financial problems, health concerns or family or friendship breakdowns. A few of the common workplace situations that may causes of stress include: …

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