by MT Corp | Oct 14, 2024 | ATO Rules, Business Tips
Are you aware that your staff may be entitled to long service leave? If they’ve worked for the same employer for 10 years or more, chances are they qualify. Long service leave is a benefit provided to long-term employees, offering an extended period of paid time...
by MT Corp | Aug 20, 2024 | ATO Rules
If you’ve missed the latest Super Guarantee (SG) deadline, it’s important to take action, get back on track, and stay on top of your super obligations by lodging a Super Guarantee Charge (SGC) statement. As an employer, you play a crucial role in securing your...
by MT Corp | May 2, 2024 | ATO Rules, Business Tips
Have you ever received tax advice, or been shown tax schemes that sounded too good to be true? It might be an illegal tax scheme. A tax scheme could involve complicated deals, change the way money is used to avoid paying taxes, or make false claims for refunds. It...
by MT Corp | Feb 9, 2024 | ATO Rules
How is Trust income treated? The net income of a trust is basically its taxable income. It’s calculated by subtracting allowable deductions from the trust’s assessable income for the year. This calculation assumes that the trustee is a resident, even if...