Last month, the Australian Taxation Office (ATO) released draft legislation that empower them to report a business’s overdue tax debts to credit reporting bureaus. Kelly O’Dwyer, Minister for Revenue and Financial Services, is confident the proposed law will help the SME sector. However, a growing number of business owners are now concerned
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New year, new changes. This is certainly true for the building and construction industry as it faces significant improvements thanks to the Building Industry Fairness (Security of Payment) Act. The Act was first introduced to Parliament in August 2017 and received royal assent on November 2017. Set to take effect
