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.
The ATO will stop accepting direct credit card payments from 1 December 2026, requiring businesses and individuals to switch to alternative payment methods such as debit card, BPAY, EFT or bank account direct debit. While the change affects only a small percentage of taxpayers, businesses that rely on credit cards to manage cash flow or fund ATO payment plans should act now to update arrangements, avoid missed payments and prepare for the cash flow impact of having tax obligations funded from available business funds.
Hiring entertainers, promotional staff or event contractors for your Christmas function could create superannuation obligations you didn't expect.