SMEs fall victim to false billing scams
More than 90,000 Australians were ripped off for nearly $90 million in fraud scams in 2013.
More than 90,000 Australians were ripped off for nearly $90 million in fraud scams in 2013.
Joe Kelly
Author
June 16, 2014
June 16, 2014
The incidence of “female breadwinner” households is slowly rising with women out-earning their male partners in nearly a quarter of long-term relationships.
Joe Kelly
Author
June 16, 2014
June 16, 2014
Jason T Smith wasn’t planning to go into business for himself. Instead, he aspired to become a “medical missionary” and work in the developed world helping those less fortunate than himself.
Joe Kelly
Author
June 13, 2014
June 13, 2014
A new system will soon remove the complexities for business owners when they make employee superannuation contributions.
Joe Kelly
Author
June 12, 2014
June 12, 2014
The number of small businesses facing insolvency has declined according to figures produced by the Australian Securities and Investment Commission.
Joe Kelly
Author
June 12, 2014
June 12, 2014
Businesses must adapt to the new wave of so-called “digital disruption” sweeping the economic landscape or risk extinction. This is the dire warning from senior Reserve Bank of Australia official, Sarv Girn, who warns that ignoring the pace of technological change is a sure pathway to dwindling profits and declining market share. Mr Girn, the […]
Joe Kelly
Author
June 12, 2014
June 12, 2014
It’s that time of year again when small business owners are preparing their tax returns and going over their paperwork with a fine tooth comb. To help you with your EOFY preparations, Dynamic Business, spoke with Tax Counsel at the Tax Institute, Stephanie Caredes and Senior Tax Adviser at the Institute of Public Accountants, Tony […]
Joe Kelly
Author
June 11, 2014
June 11, 2014
The Australian Taxation Office is increasingly concerned at the growth in crypto-currency Bitcoin. It will soon release a ruling on how the digital currency is to be treated for tax purposes. The decision may have significant consequences on the usage of the currency in Australia. The ATO was initially unconcerned by the emergence of the […]
Joe Kelly
Author
June 10, 2014
June 10, 2014
The Commonwealth Bank has urged small to medium sized businesses to better prepare for the end of the financial year and begin their tax preparations. Figures released by the bank suggest that nearly one third of SMEs (29 per cent) have not even started the groundwork to fulfill their tax obligations. The research suggests that […]
Joe Kelly
Author
June 10, 2014
June 10, 2014
The operators of two Melbourne restaurants have been fined $334,818 for trading the wages of teenage employees for soft drink and pizza. Federal Circuit Judge John O’Sullivan slammed the “dark ages” practice and noted that Tecoma man Ruby Chand, who owned both franchises, had a history of underpaying employees. The underpayments took place between 2009-2012 […]
Joe Kelly
Author
June 10, 2014
June 10, 2014