The festive season can be a happy and joyful time, but it can also be a period when unruly staff behaviour can ruin careers and damage working and business relationships. The festive season and end-of-year celebrations should be enjoyed, but the work Christmas party can be a source of anxiety for employers who are unsure of their obligations to their …
Social Media in the Workplace
LEIGH’S CORNER #48 Most workplaces today have access to the internet in some form, and in many workplaces, employees spend the majority of their working day on computers, tablets or phones. With such easy online access, many tasks previously performed in the office can now be performed at any location. This increased easy access to the internet for some workplaces …
EOFY HR/IR and Workplace Issues
Leigh’s Corner #47 The recent re-election of the Liberal and National Coalition Government (LNP) means that many of the pressures on employers foreshadowed by the Federal Labor Government in relation to significant increases in wages and penalty rates and other changes to Industrial Relations matters have eased for now. This does not mean that pressure from employees and Unions to …
The Role of a Support Person in Disciplinary Matters
From Leigh’s Corner #46 Disciplinary meetings between employers and employees are often difficult and tense processes and many employers are not trained in dealing with difficult situations involving workplace disputes, breaches of policies and procedures and conduct that requires disciplinary action up to and including dismissal. There are some basic steps that can be followed which may alleviate some of …
Structure of Joint Commercial Property Investment Purchase
Two individual persons want to buy the commercial property together for investment. We would like to know the best business structure for this use regarding tax minimisation and asset protection. Answer Here are some variables (not exhaustive) What is the gearing ratio, and will the property be negatively geared?What is the investment horizon and how long do they intend to …
Capital Gains on Client Base Sale
I have a Corporate Client who is selling off part of a Client Base and I’m unsure of the Tax Consequences, although it does appear to be a CGT Event. The Sale Price is expected to be $175,000. A Cost base is yet to be established, but it will probably be between $40,000 and $80,000. It’s all Goodwill. The ATO …
Leighs Corner 46
Article Number 46 The Role of a Support Person in Disciplinary Matters Disciplinary meetings between employers and employees are often difficult and tense processes and many employers are not trained in dealing with difficult situations involving workplace disputes, breaches of policies and procedures and conduct that requires disciplinary action up to and including dismissal. There are some basic steps that …
Property Purchase and Main Residence
Hello. I refer to October 2014, Tax Smart magazine, issue number 0071, example 1, on page 29. This is where Susan purchased a property in Melbourne for $300,000 and occupied it as her main residence for 5 years. She moved to Sydney for work in 2000 and rented out her Melbourne house. A qualified valuer valued the MV of her …
Employment Type of Appointment-Based Worker
The new dentist has no set hours during the 5 days at an office (pay rate 40:60 inc. super & etc.), so he works only if there is a patient. The employern is managing the dental assistants and receptionists. He also has P.I and works no other place. I think that he can be an employee any time. But he …
PAYG Calculation Question
We have questions relating to PAYG and the possible calculation of such for the below situation. We have an employee who has resigned and given no notice. According to their contract, the employee is required to give 3 months’ notice and if they don not, then they are required to compensate the council similar as defined in the below clause …