Directors are starting to see why the ATO introduced Single Touch Payroll. This data has enabled the ATO to identify businesses, who are not complying with their responsibilities for Superannuation Guarantee (SGC) and PAYG withholding tax obligations. With the recent introduction of new legislation, … [Read more...] about Does the Corporate Veil still protect Directors?
All business owners have a lot of challenges, but many fail to contemplate what might happen if their business is suddenly unable to trade. From illness or injury to a fire at your supplier’s warehouse, there are many ways that your profit generation could be suddenly halted. While there are many … [Read more...] about Income Protection for Business Owners
What is proportionate liability? Proportionate liability refers to the concept that liability for a plaintiff’s loss should be apportioned to the defendants in accordance with the extent of their responsibility for that loss. Why was the proportionate liability scheme introduced? The Ipp report … [Read more...] about Proportionate liability in Queensland – Implications for Insurance
Given the steep rise in employee fraud and embezzlement, the importance of Internal Business Auditing has never been more vital. Whilst there are insurance policies, such as Management Liability & Crime, that provide Indemnity for some of the exposures; the reputational damage, together with the … [Read more...] about The importance of Internal Auditing
Scams aimed at manipulating individuals for fraudulent purposes have been occurring for centuries, but this deception has now well and truly moved into the digital world. Social engineering, in the context of information security, refers to psychological manipulation of people into performing … [Read more...] about A Centuries Old Crime, Digitally Enhanced
We’ve all heard of the $7.8M underpayment scandal which recently engulfed celebrity chef George Colombaris, but is this just a symptom of the sheer complexity of workplace laws in Australia? After all, big organisations with dedicated HR departments are getting it wrong, so what chance does SMEs … [Read more...] about Underpaying employees… what’s going wrong?
Telematics technology has proven benefits when it comes to encouraging more responsible driving, with research indicating better driver behaviour is one of the main advantages in using this innovation. Black box or telematics technology is a way for businesses to collect data on how their … [Read more...] about Telematics continues to evolve in insurance
Whether you are a home owner, a renter, a landlord or a renovator/builder, the smoke alarm legislation introduced by Queensland Fire and Emergency Services from 1 January 2017 will affect you! As a landlord…. Existing smoke alarms manufactured more than 10 years ago must be replaced with … [Read more...] about Queensland Smoke Alarm Laws and you
