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Companies

Accounting and Taxation
Accounting and Taxation
, Companies
Companies
, Small business
Small business

If you are running a business you will need an ABN, even if your business is not going to register for GST.  However you must also register for GST if you are a business and your current/expected annual turnover is $75,000 or more (or $150,000 or more for a non-profit organisation) and/or you provide taxi travel (regardless of turnover).   Click here it find out more

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Accounting and Taxation
Accounting and Taxation
, Companies
Companies
, Small business
Small business
, Superannuation
Superannuation

Why was the superannuation guarantee set up? The establishment of compulsory superannuation was a direct result of the financial challenges being faced by an expanding aging population.  The scheme was introduced on the 1st of July 1992, forcing all workers to save for retirement relieving the pressure on Australia’s age pension. Exemptions include employees under the age of 18, those working less

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