To protect honest, compliant Australian businesses, the Australian Taxation Office (ATO) has placed a strong emphasis on targeting the cash and hidden economy.
To protect honest, compliant Australian businesses, the Australian Taxation Office (ATO) has placed a strong emphasis on targeting the cash and hidden economy.
Creating an efficient workplace is desirable for both staff and business owners alike. Not only does it save money and time, it can also improve productivity and morale.
The New Year is the perfect time to reflect on the past year, and implement changes in order to strengthen and grow your business.
We are pleased to announce that the AGS Financial Group Accounting division has been announced in the Australian Financial Review Top 100 Accounting Firms for 2017!
Research reveals that a majority of business owners just like you struggle on a day to day basis to keep their bookwork correct and up to date. If you are taking days to prepare invoices then your cash flow will be in damage control and there will be the possibility of your business failing.
In a digital world full of disruptors, change is the new norm. Businesses that fail to keep up with technological advancements and let go of opportunities are essentially kicking themselves in the foot.
Vulnerable workers are set to receive better protection after the Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017.
The Bill contains measures such as an increase in the maximum penalties for employers who deliberately flaunt the minimum wage and other entitlements under the Fair Work Act 2009. The new laws will apply from the day after the Bill receives royal assent, except for the new franchisor and holding company liability which will start six weeks later.
When business is going well, many owners look to expand their business. Consider the following advice before doing so:
In our latest edition of Business News, we discuss your options on passing on the family business and succession planning advice to ease the process.
In our latest edition of Business News, the newsletter exclusively for AGS Business Clients, we look at how small businesses can change their legal structure without incurring an income tax liability.
Financial planning, corporate benefits and mortgage services are provided by AGS Financial Group Pty Ltd ABN 70 093 990 946, an Authorised Representative of AMP Financial Planning Pty Limited ABN 89 051 208 327 (AMPFP), AFS Licence No 232706. Accounting, taxation, and business advisory services are provided by AGS Accounting Pty Ltd ABN 12 166 728 696. AGS Accounting Pty Ltd is a member of Chartered Accountants Australia & New Zealand. Liability limited by a scheme approved under Professional Standards Legislation.