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.
Starting July 1st, 2024, non-profit organisations (NFPs) in Australia with an ABN, but not recognised as charitable, must annually submit a NFP self-review return to the ATO to confirm their tax exemption status. This process involves three main sections:
Systemisation is the backbone of a successful business. It is the process of creating repeatable and efficient workflows that streamline operations, reduce stress, and foster growth. This blog explores why businesses should embrace systemisation, how they can implement it, and what types of businesses stand to benefit the most.
Building on the findings from Xero Small Business Insights (XSBI) report, Small business productivity: Trends, implications and strategies, this special report presents industry and regional labour productivity data for small businesses.