Probin and FCT [2019] The AAT has upheld the ATO’s Super Guarantee Charge (SGC) assessment of a ‘contractor’, ordering the employer to backpay 5 years of Superannuation Guarantee; $27,272. The Tribunal found that he was engaged as an employee not an independent...

Small or large, every business needs to manage all the financial transactions, including payments, invoices, revenue, and expenses. Bookkeeping is an essential activity that aims to assess a business’s accurate financial position at the end of a financial year.  Not...

Accounting is the recording, interpretation, and reporting of financial transactions. Small or large, every business needs to keep an eye on the financial inflow for smooth functioning. However, many businesses find it overwhelming to manage and prepare for tax...