It Figures Efficient Bookkeeping Solutions

22/07/2022

https://fb.watch/epFEkfzf_5/

08/09/2021

08/09/2021

17/08/2021

We secured court penalties of $170,000 against the operator of a Brisbane café and its director for underpayment of staff and partially paying them in food and drink.

The company agreed that it underpaid 33 employees, mostly visa holders, who worked as cooks, kitchen attendants and food and beverage attendants. Breaches of workplaces laws occurred in two separate periods: July-August 2017, and November 2017 to January 2018.

In the penalty judgment, Judge Michael Jarrett said: “The contraventions relating to the first period and the second period are both deliberate and serious and represent a significant departure from the standards of conduct expected from employers and those that control them.”

Improving compliance in the fast food, restaurant and café sector and protecting migrant workers remain priorities for the FWO.

Read the full story: https://www.fairwork.gov.au/about-us/news-and-media-releases/2021-media-releases/august-2021/20210816-cafe-63-racecourse-rd-penalty-media-release

26/07/2021

We know some employers are doing it tough at the moment, and paying super may be the last thing on your mind.

The next superannuation guarantee payment date is 28 July and we’re unable to give extensions to the due date. If you can't pay by the due date, you'll need to lodge a superannuation guarantee charge statement. If you can’t pay in full, we’ll work with you to set up a payment plan.

For more info, visit www.ato.gov.au/PayingSuper

26/07/2021

The Cleaning Award gives different rates depending on whether you’re full-time, part-time or casual.

An adult level 1 cleaner working for a contract cleaning company must be paid (per hour) at least:
• $21.71 full-time
• $24.97 part-time
• $27.14 casual.
The award doesn’t include per room or per office rates, so if you’re paid per task then you can’t get less for your work than you would when compared with the hourly rate.

There are also higher rates for working early mornings, afternoon and night shifts, weekends, public holidays and overtime.

You can use our Pay Calculator to check the weekend, public holiday and overtime rates under the Cleaning Award or any other modern award: https://calculate.fairwork.gov.au/findyouraward

17/07/2021

06/07/2021

The Fair Work Ombudsman has secured a total of $309,750 in penalties in court in response to a migrant employee being underpaid almost $70,000 and records being falsified at a Melbourne restaurant.

The Federal Circuit Court has imposed a $249,000 penalty against the business, the company’s sole director and bookkeeper were penalised $41,250 and $19,500 respectively.

The penalty was imposed in response to the company contravening workplace laws by underpaying a visa holder $69,321 and knowingly making and keeping false records and providing them to the Fair Work Ombudsman during its investigation.

Inspectors found the employee had regularly worked 60 hours per week as a kitchen hand but had been paid between only $700 and $1060 per week.

This resulted in underpayment of the ordinary hourly rates, overtime rates, and weekend and public holiday rates under the Restaurant Industry Award 2010. Annual leave, superannuation and a split shift allowance were also underpaid.

Fair Work Ombudsman Sandra Parker said “The penalties in this matter send a clear message that paying low, flat rates that undercut Award entitlements and trying to mislead Fair Work inspectors is completely unacceptable conduct that will not be tolerated.”

“We treat matters relating to migrant workers particularly seriously and we are also focused on taking action to improve compliance in the restaurant and fast food sector.”

Full story here: https://www.fairwork.gov.au/about-us/news-and-media-releases/2021-media-releases/june-2021/20210629-china-bar-penalty-media-release

29/06/2021

Are you receiving income from your rental property? 🏠💰

We’ve put together a list of our top tips to get you through tax time, including:
1. make sure you include all the income you receive - we now get data from property managers and sharing platforms to make sure we have the whole picture
2. be sure to work out if you’re making a capital gain or capital loss when you choose to sell
3. remember not to claim deductions for periods when you used the property yourself.

Find out more about the data we collect at www.ato.gov.au/General/Gen/Data-matching-protocols/

29/06/2021

Wondering if your business can take advantage of available tax concessions?

If you’ve got an aggregated turnover of less than $50 million, you may be eligible! ✔️

See what you may be entitled to and find more info at www.ato.gov.au/Business/Small-business-entity-concessions/Concessions/Concessions-at-a-glance/