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Category Archives: Business
ATO: What you need to know about unpaid tax liabilities
Since July 2017, the Australian Taxation Office (ATO) has had the authority to share the names of taxpayers who have unpaid liabilities with Credit Reporting Agencies. Although it applies to all types of taxpayers, businesses are the ones that are most affected by this new law. As a business owner, this measure comes with certain implications that you need to understand so as to avoid finding yourself in an untenable position. As a business owner, this measure comes with certain implications that you need to understand so as to avoid finding yourself in an untenable position. Although it applies to all types of taxpayers, businesses are the ones that are most affected by this new law. As a business owner, this measure comes with certain implications that you need to understand so as to avoid finding yourself in an untenable position. If the ATO shares your information with credit reporting agencies, that information will become public, and this can put a black mark on your business.
You can also deal with the problem by restructuring your business to minimize that damage that may result from the negative credit information. If you have a good tax planning strategy, your business is less likely to fall into the tax liability category
Posted in Accounting, Business
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Changing Stress and Anxiety into Efficiency
Can the health and wellbeing of workers and their performance be both advanced at the same time by utilizing practices validated by recently released studies? Leaders who want the best possible results for both the businesses they represent and the staff members that report to them, are finding simple yet successful, cutting edge solutions to this dilemma and we discuss this with business expert, Stuart Hayes:
The first thing Stuart asks leaders to contemplate is the consequences of stress and anxiety in the workplace V's the results possible where wellbeing prevails:
One- Efficiency of Personnel
Stress and also bad feelings leads to staff's focus being diverted and having impaired psychological clarity. Whereas more satisfied team members have clearer minds and are more engaged, focused as well as resourceful;
Two- Staff Well-being
Strain and negative feelings can bring about ill health.... Whereas more satisfied team members have clearer minds and are more engaged, focused as well as resourceful;
Two- Staff Well-being
Strain and negative feelings can bring about ill health...
Posted in Business
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