Builders, electricians, plumbers, architects, real estate agents, security guards and other workers who hold an occupational licence in
their home state or territory and who want to do the same work in another state or territory will soon be automatically deemed to have the
necessary licence.
The Federal, State and Territory Governments have agreed to a mutual recognition regime that will be implemented by the Federal Government.
Exposure draft legislation enabling the seamless mutual recognition scheme was released last month with the scheme expected to start from 1
July 2021.
Workers will not need to pay additional licence fees or apply for additional licences.
Workers working in another state or territory will need to comply with local laws and regulations (including vulnerable people character
test) and in some cases will need to notify the regulator they intend to work in their State. The States have the capacity to refuse a
registration or type of license from mutual recognition.
Those subject to disciplinary action or who have conditions on their registration as a result of disciplinary, civil or criminal action will be excluded from automatic mutual recognition. Information on cancelled or suspended registrations and disciplinary proceedings and to record cancellations and suspensions on registers, will be shared.
It might seem like a clever strategy - moving surplus business cash into your personal mortgage offset account to save on home loan interest, then shifting it back to the company around tax time. But there’s a catch: the ATO sees this, and they’re not fans.
Running a small business has always been personal. Every sale, every setback, every sleepless night - it all comes back to the same person: the owner.
A staggering 93% of small business owners reported higher costs this year, while 64% saw profits fall. Taxes, wages, and insurance top the list of pressures, with taxes ranked as the number one cost by half of respondents of a recent report.
