Thriving Aesthetic Summit – Injecting new life into business owners over the weekend
29 May 2024
If you fall into any of those categories, then speak with your tax professional about contacting the ATO for a refund. Get all your documentation in order and make sure you have proof of what you’re claiming.
For those who are interested in taking on trainees or apprentices there is some provision under the Skilling Australia Fund Levy. Here is the link for further details: https://www.australianapprenticeships.gov.au/news/180323
The 2018-19 Budget provides older Australians with additional support to assess their skills and adapt to the changing needs of the economy.
The Government understands the importance of working with employers to ensure they understand the benefits of recruiting and retaining mature age people.
Older Australians will be supported by the Government’s More Choices for a Longer Life package, with an investment of $189.7 million on a range of jobs and skills measures such as:
The Minister for Jobs and Innovation, Michaelia Cash, said all Australians can benefit from the growing employment opportunities across all sectors of our strong economy.
“The 2018-19 Budget provides an opportunity for all working Australians. We are investing in our great ideas to grow existing businesses as well as create new ones, because growing these businesses create more jobs for all Australians” he said.
Last week the government has introduced a seven-year personal tax plan to make personal income tax ‘lower, fairer and simpler’, which aims to stimulate consumer spending.
Federal Treasurer Scott Morrison announced that the plan will occur in three steps, beginning with targeted tax cuts for low and middle-income earners.
For new industries falling under the mandatory taxable payments reporting scheme, make sure you are on the latest version of your software and enable taxable reporting