Are the days of engaging casual employees over? Ramifications for business owners as set-off provision fails to bite
Casual employees provide flexibility around the engagement of labour, particularly in the industries of hospitality, retail and for seasonal businesses. The recent decision of WorkPac Pty Ltd v Rossato [2020] FCAFC 84 has sent a shockwave through those businesses who employ casual labour, in which a casual employee successfully received payments for leave entitlements and […]
Are we just delaying the inevitable? A recap of the temporary insolvency relief measures
In late March 2020 in response to the rising uncertainty and distress caused by the COVID-19 pandemic, the Federal Government swiftly announced some temporary measures designed to give businesses and individuals some breathing space whilst we navigated the uncharted waters. These measures were given royal Assent on 24 March 2020 and will be active for […]
World Kindness Day
This year at Equinox (Formerly HLB Mann Judd Insolvency WA), we are really making an effort to celebrate and acknowledge special dates of the year, whether it be well known ones like “Are You Ok Day” or even as simple and delicious as “International Coffee Day”. This helps remind us to not only have fun […]
Hot off the press! – Director Penalty Notice reforms and Superannuation Guarantee amnesty
Royal Assent was given to the Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019 on 18 February 2020,which, amongst other things, will bring a major shake up to the Director Penalty Notice (DPN) regime enforced by the Australia Taxation Office (ATO). This is a major update that accountants and advisors should be aware of moving […]
How Excel can help you get more out of your day
As accountants, we use Excel every single day at Equinox (Formerly HLB Mann Judd Insolvency WA). We use Excel for databases, to compare and examine financial statements, to analyse work in progress and remuneration, slice and dice MYOB and Xero data, as a cash book and to run our dividend processes for creditors and members. […]
Data Privacy Day – Is your system protected?
The 28th of January was international Data Privacy Day and it served as a reminder to all of us how easily a sophisticated hacker could access private data or bring a computer network to its knees. Here are some quick and simple tips to avoid befalling one of these cyber pirates: Email red flags The […]
Travelling during bankruptcy – Dispelling the myths
Let’s face it – personal bankruptcy is not great. I have written articles in the past about how the regime works and the positive (yes, positive) and negative aspects about going bankrupt. A common question that comes up when I meet people, which can often prove to be the biggest area of concern, relates to […]
Statutory Demands – Pitfalls for your clients on either side of the fence
Lately I have been asked about the key elements of Statutory Demands how they work, when they are appropriate to use and how to possibly defend one in the event one is received. So I felt it would be beneficial to put together this overview for our readers out there. If you have a client […]
Christmas closures – things to think about for business owners
Running a business is tough at the best of times. Throw in the fact that Christmas (and the usual business / office closure) is now only a few short weeks away, now is the right time to finish off 2019 on the right note and prepare well for the start of 2020! I have […]
Debt collection tactics a low blow for some vulnerable consumers
At Equinox (Formerly HLB Mann Judd Insolvency WA), we assist individuals, both formally and informally, who are experiencing personal financial hardship. The primary causes of financial distress for individuals at the moment appear to stem from: property mortgage exposure, particularly for investment properties, mostly in the north-west of Western Australia business related debts, […]