Australia has made important salary-related changes to a number of modern awards. The new rules impose stricter wage-related reporting requirements on businesses with salaried employees. This post explains the change in more detail, including what you need to do to comply.
Australia has made important updates to its simplified transfer pricing record-keeping guidelines.
Australia's Fair Work Commission has made important changes to the way employers must calculate and record annualised salaries.
Australia has enjoyed nearly 28 years of solid economic growth. But recent threats, including trouble in China and global currency devaluation, could turn Australia’s good fortunes around.
Australia has increased its national minimum wage by 3 percent.
Australia released draft guidance on the Modern Slavery Act of 2018.
In the wake of finalized tax guidance, Australia is expected to see a rise in the number of foreign companies considered tax residents.
The Fair Work Amendment (Family and Domestic Violence Leave) Act 2018 provides employees with a new entitlement of five days’ unpaid family and domestic violence leave.
The Australian Tax Office has provided updates to the record keeping options under simplified transfer pricing rules.
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) became effective January 1, 2019 in Australia, France, Israel, Japan, Lithuania and the Slovak Republic.
The Australian government has published a discussion paper on whether to introduce a new interim digital tax. The digital tax is expected to apply to service providers such as news and information providers (e.g., search engines and digital advertising), digital streaming and sharing services, accommodation platforms and other digital platforms.
Changes to modern awards have taken effect in Australia. The changes aim to clarify when payments are due to a departing employee.