Macy

Macy

Regulatory Roundup – February 2015

Proposed “Single Touch Payroll” to cut red tape for employers The Minister for Small Business Bruce Billson and the Assistant Treasurer Josh Frydenbergrecently announced a government initiative they promise will cut red tape for employers by simplifying tax and superannuation…

When you have to deal with a natural disaster

The recent bushfires across much of the country are a reminder that as well as the more obvious immediate devastation inflicted on people’s property, these destructive events can also mean loss of income for many affected people — not only…

Income averaging – February 2015

Income averaging: Who is eligible, how it works Australian tax legislation recognises that certain taxpayers, due to the nature of their work, can make inconsistent levels of income from year to year. In light of this, there is a concessionary…

Regulatory roundup – December 2014

Regulatory Roundup – December 2014 PayPal chases small business finance market PayPal has launched its “Working Capital” loan product, which allows small businesses to access cash loans through their PayPal account. The company has about 110,000 merchants using its payments…