#Levy
How the 457 Visa changes will impact SMEs
Australia has long been regarded as a country which has been able to attract top international talent to encourage business growth and diversification which has been made possible through the Temporary Work Skilled (subclass 457) visa. But the abolition of the 457 scheme and introduction of a replacement program from March next year has received […]
Federal Budget: foreign worker tax introduced
Businesses that employ foreign workers will be subject to a new levy that will be used bankroll a fund for training Australian job seekers, the Government announced in the Federal Budget. From March 2018, businesses will be subject to a levy of $1200 per foreign worker or $1800 if they’re on a temporary skilled visa. In […]
Have your say on tax reform
Australian businesses are invited to have their say on the current tax system and its impact on their operations.
Crisis what crisis? The Commission of Audit & the Federal Budget 2014
It’s been a super month for Government economic statements, in Australia with the long awaited “commission of audit’ report being released just ahead of the usual Federal Budget unveiling.
Budget 2014: SMEs hope for lower taxes, but pessimism high
Small and medium sized businesses do not want to see an increase in the goods and services tax in next week’s Federal Budget and many are pessimistic about whether the Abbott Government will deliver on its promises for the sector.
Debt levy to hurt small business
The majority of small business owners face a vicious “double whammy” revenue hit if Tony Abbott proceeds with a mooted debt levy on income tax to repair the budget.