Date: 05th February 2014 (Wednesday) Topic: Business Structures and Cash Flow Strategies Venue: Monta Verde Italian Restaurant 4/119 Hall Road Carrum Downs (Opposite Carrum Downs Shopping Centre) Time: 5.30pm – 6.45pm Cost: FREE RSVP: Limited Seats – Please call/ email to reserve your seat Jenny/Tony/Usher 03 9782 1888...
You open the mail and the first word you see is Audit, you suddenly get that sinking feeling in the pit of your stomach. The Tax office has selected you for an audit. Whether or not you are in the wrong, you know it is going to cost you. The ATO has increased the number of audits undertaken, WILL YOU BE NEXT? The ATO’s 2012-13 compliance program will focus on a number of compliance issues, including ‘Employer Obligations’. The main industries being targeted are the ‘Construction Industry’, ‘Cafes & Restaurants’, ‘Postal Services Industry’ and the ‘Cleaning Industry’. The compliance issues investigated under the ATO’s compliance program, relating to Employer Obligations include:
- Correct treatment of Salary and Wage payments
- Pay As You Go Withholding Obligations
- Contractor classifications and payments
- Superannuation Guarantee Surcharge
- Employee Fringe Benefits Tax obligations
Director, Vinay Sharma was recently appointed a Community Ambassador for the 2015 AFC Asian Cup. Vinay joins other leaders from Melbourne’s multicultural communities to help make Asia’s premier football tournament a cultural celebration for the 2.5 million people of Asian heritage living in Australia. “Melbourne is home to people that have come from right across the Asian continent,” said Local Organising Committee CEO Michael Brown. “We are encouraging these people to come and support the Socceroos in January 2015, but also to support the country of their origin and to use the Asian Cup as an opportunity to celebrate their cultures. “Football, more than any other sport, crosses geographic and cultural boundaries and I am sure in January 2015 we will see people...