#Fees
Are small businesses using ATO as bank?
According to national SME finance specialist, Scottish Pacific, many small businesses may be using the Australian Tax Office (ATO) as a line of credit being unaware of alternative funding solutions. Scottish Pacific CEO, Peter Langham said the ATO was owed $35.3 billion in 2013-14 according to a recent report by the Inspector-General of Taxation. “It […]
Poor bookkeeping horror story: a bean counter’s tale
If you think that bookkeeping and accounting fees are high, consider this horror story, which could be the one tale that gets business owners thinking about their own business.
Employers warned about employee contracts’ restraints of trade litigation risk
With the end of the year approaching and many businesses finalising employee remuneration and bonus payouts, employers are urged to use this opportunity to update their employment contracts, particularly provisions applied to confidential information and restraints of trade, which may be either unsatisfactorily drafted, or out of date, according to Harmers Workplace Lawyers.
Employees would rather quit than negotiate on pay
Many employees are not prepared to negotiate their salary and instead believe it is necessary to switch jobs for a pay increase, according to new research released today from Robert Half.
How to get paid what you’re worth
Setting fees is always a difficult proposition for service businesses and pricing an intangible is much harder than pricing a product. Your fee will, however, represent what you and your expertise are worth.
Switching banks ‘too hard’ for consumers
Consumers are electing to stay with their current bank due to costs and barriers to exit in place to keep them with the institution a new report has found.