Recent changes have been made to the Fair Work legislation, which business owners with employees should be familiar with.
We have provided a summary of these updates below. However, if you need to address any of these areas, we strongly recommend discussing
them with your HR advisors. It is essential to understand the necessary steps before implementing any changes.
It’s important you understand these updates and make the appropriate changes to your business if necessary. Remember to reach out to your HR team and/or advisors to ensure you are across them. Take the time to review the changes made by fair work here.
If you don’t know where to start with one or more of these changes, touch base with our team for assistance.
On 31 March, the Fringe Benefits Tax (FBT) year ends. With the ever increasing budget deficits, the ATO will be reviewing whether all employers who should be paying FBT are, and that they are paying the right amount. Who needs to lodge a FBT return? Find out here.