Posts

Funding to employ apprentices

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Australian Apprenticeships Incentives Program

The Australian Apprenticeships Incentives Program provides employers with incentives to employ an apprentice.

The Australian Apprenticeships Incentives Program provides:

a range of financial incentives to Australian employers to offer apprenticeship opportunities a living away from home allowance (LAFHA) to apprentices who need to move away from their parent’s home to take […]

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Taxable payments annual report (TPAR)

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It’s not just businesses that pay contractors in the building and construction industry that need to lodge a TPAR

The ATO’s taxable payments reporting system (TPRS) is a black economy measure designed to assist the ATO identify contractors who don’t report or under-report their income.

The ATO estimates that around 280,000 businesses need to lodge […]

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Electrician’s spark rekindled, fires up owners to sell

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Tom and Melissa Muntz owned and ran a successful electrical contracting business for 30 years.

In a typical business-couple style, Tom was customer-facing on the tools whilst Melissa kept the bookkeeping and payroll running smoothly in the office.

Their business operated in an industrial niche market which proved to be lucrative and provided Tom and […]

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Paid a tradie or other contractor to help you?

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Taxable payments annual report (TPAR)

You may need to lodge a Taxable payments annual report (TPAR) by 28 August each year if you are a:

business providing building and construction services cleaning services for contractor payments from 1 July 2018 (first report due by 28 August 2019) courier services for contractor payments from 1 July 2018 (first report due by 28 August 2019) […]

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