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Issue 116 - August 2017


Employment Law-Casual to Full-Time or Part-Time

Generally employees can be hired on a full-time, part-time or casual basis.  The difference is important  due to pay rates, leave and other entitlements. A casual employee has no guaranteed hours of work, usually works irregular hours, is not entitled to paid sick or annual leave and in most circumstances employment can end without notice. In compensation for this, they are given a 25% loading on their pay rates.

On 5 July 2017, a Fair Work Commission Full Bench ruled to give casual workers the right to request to convert to full-time or part-time employment subject to certain rules and restrictions.

The Commission has developed a draft 'casual conversion clause' which will be applicable to 85 modern awards including industries in agriculture, banking, aged-care, retail and hospitality.

The draft 'casual conversion clause'  will allow casual employees the right to request to convert to full or part-time status if:

  • They have been employed for a minimum of 12 months;
  • They have worked a pattern of hours; and
  • The pattern of hours could continue to be worked on a permanent basis (full-time or part-time)

Employers can refuse the request if:

  • Conversion to permanent would involve a significant adjustment in
    employee's hours
  • It is likely or known the employee's position is coming to an end
  • The employee's hours of work will significantly change or reduce in the
    next 12 months

Refusal of the request may also be allowed on other reasonable grounds.

Employers with a highly casual workforce may be significantly impacted by this decision.

Please note these changes are still in the consultation phase so do not apply at this time. The draft clause may be changed before being finalised by the Commission.

Please contact our office if you have any questions regarding this matter.

 

The Art of Delegation

Business leaders juggle a significant amount of tasks and responsibilities on a day-to-day basis, and more often than not, attempt to take care of everything themselves.

Workplace demands can become overwhelming and sometimes there are just not enough hours in the day. While delegating is an essential skill for business owners, entrepreneurs and leaders, it can often be a challenging habit to pick up. 

However, when performed correctly, delegating will help members of your team expand their skill sets and increase their ownership over their work. It can also help to refocus your efforts onto bigger projects and explore new possibilities that will drive greater value in your business.

Not only does delegating improve efficiency, but it can help reduce time pressures and the risk of burnout. For the best possible outcome, delegation should be approached in a professional manner. Here are three tips to help you start delegating:

Match tasks with the right person

Take the time to understand the skills and capabilities of your team and match tasks accordingly. This will help to ensure employees are capable and confident in completing the job. When delegating tasks to an employee, first explain to them why they were chosen and then the expected outcomes of the task. Consider including a backup person for greater flexibility.

Communicate clear expectations

Delegation is often successful when the nominated person for the task clearly understands your expectations, their role and responsibilities, and intended outcomes. Be sure to provide thorough instructions and offer your assistance throughout completion of the task. Developing key metrics to assess and measure their success will also help to ensure you are both on the same page.

Empower staff

Although it can be tempting to micromanage, remember it won't improve employee performance or results. Employees need to feel accountable for their work, so give them enough space to best put their talents to work. Encouraging them to work independently will demonstrate your trust and ultimately deliver more value to the delegated task.


State Budget Payroll Tax Changes

On 22 June 2017, the Treasurer handed down the South Australian state budget which included the locking in of previously temporary payroll tax relief for small businesses. These changes are effective from 1 July 2017.

The existing payroll tax rate for businesses with Australian payrolls between $600,000 and $1 million has been effectively reduced to 2.5% since 2013-14 by way of the temporary Small Business Payroll Tax Rebate. A phased out rebate also reduced the 4.95% payroll tax rate for businesses with taxable payrolls between $1 million and $1.2 million.


The changes introduced in the 2017 state budget formalise these reductions as permanent rate adjustments. Businesses with Australian taxable payrolls between $600,000 and $1 million will continue to be levied at a rate of 2.50%. The payroll tax rate will then phase up to the rate of 4.95% for businesses with Australian taxable payrolls above $1.5 million.

Where you lodge monthly payroll tax returns, you will pay payroll tax at an indicative payroll tax rate based on  your estimated annual taxable Australian wages declared at the start of the financial year. For this reason, it is important to ensure that your estimates both at the start of the year and throughout the year are accurate to ensure the appropriate rate is applied.

In addition to receiving the benefit of the lower payroll tax rate from 1 July 2017, eligible small businesses will also receive a small business payroll tax rebate payment in the 2017-18 financial year (which is based on the 2016-17 wages paid), but rebates will no longer be paid in the 2018-19 and 2019-20 financial years.


Stamp Duty and Land Tax Changes





As part of the recent state budget, the state Government have announced the following changes to stamp duty and land tax
in South Australia

  • Foreign residents will now pay a 4% stamp duty surcharge on any residential property purchases from 1 July 2018
  • The existing off-the-plan stamp duty concession will no longer be available to foreign purchasers however is extended to 30 June 2018 for all other eligible purchasers.
  • Off-the plan apartment purchasers will now be eligible for a $10,000 grant where a contract is entered into between 22 June 2017 and 30 September 2017 and a further five year land tax exemption if a contract is entered into between 22 June 2017 and 30 June 2018.

For more information see revenuesa.sa.gov.au or contact our office.


ASIC Advance Payment of Annual Review Fees

ASIC have in place a discount rate on their annual review fees if companies and registered schemes prepay the fees for 10 years in advance. 

Prepaying the fees also protects a company or scheme from any future fee increases over the prepaid period.

Refunds are not available and this advance payment is required to be paid by cheque.


The advance payment fee amounts are as follows:















  

What is it? 


ServiceM8 is a cloud based app for trades and services businesses. ServiceM8 helps deliver a better way to manage workflow by facilitating communication and tracking jobs, staff and payments. It allows you to run your business from anywhere, anytime with access to client and job details, viewing staff locations and schedules, dispatching jobs and generating quotes or invoices.

Who can it help? 

ServiceM8 can help field based trades and services businesses including plumbers, electricians, landscapers, IT services, locksmiths, cleaners, repairers, pest control and home security businesses.

ServiceM8 can assist you to take control of your business with forward planning, time management and job and employee tracking. It can reduce admin time and drive efficiencies as well as improving communication between office staff, field staff and customers.

Benefits: 

ServiceM8 promotes more efficient job management and documentation, assisting with:

  • Job creation, dispatch, navigation, quoting, job documentation and invoicing capability
  • Staff access to client information, enabling them to complete the work, and issue invoices accepting payment on-site through the app or sending customers a link to pay online.
  • Providing an SMS to clients to notify them that you're on your way to the job, with an estimated time of arrival as well as an automatic email or SMS to clients about upcoming bookings
  • The creation of professional quotes and invoices in seconds - print, email, SMS or post them to clients wherever you are

ServiceM8 also integrates with QuickBooks Online, Xero and MYOB, allowing you to sync clients, items, invoices, and payments automatically to streamline workflow, which saves admin time and avoids double entry.

Pricing

ServiceM8 is free for the first 20 jobs per month. After this, jobs are priced at 35c – 50c per job depending on the number of jobs. SMS charges are extra.

 

Website Update

Brentnalls SA offers a secure method for you to transfer your financial data over the internet and also digitally sign documents through our website using the following portals:













Brentnalls SA Data Transfer allows you to register your own login
which allows you to upload files to Brentnalls SA.
 










 

Brentnalls SA Document Portal - As you may be aware, the ATO and other government departments are moving to an electronic communication platform. As a result, we have now also introduced a secure portal which allows documents to be both viewed and electronically signed (whereapplicable). This method has been approved by the ATO. This will mean that rather than receiving paper copies of documents for review or signing, you instead receive an email with a link to access a secure portal using a google or MYOB login where you can view the document and provide an electronic signature.  We will also be uploading your financial statements and tax returns for your records to this portal so you can access at any time.
 


This month Brentnalls SA is supporting:

http://www.jeansforgenes.org.au

This month we are proud to be supporting Jeans for Genes
raising funds to help realise a vision of a world without childhood disease.

 

 

 

 
 

Client News

Congratulations to Kid Sense Child Development Corporation on winning the 2017 SA Small Business Award at the recent Telstra Awards.

 

Congratulations to Emily Raven and Rachel Mead from My Kingdom for a Horse on winning the Restaurant & Catering 2017 Awards for Excellence in the Best Café - Adelaide City category.

Brentnalls SA News

We welcome Ryan Buiatti, Georgia Lang, Harrison Cansdell, Luis Eliseo and Catherine Zarantonello who have recently joined us as undergraduate accountants. 

Congratulations to Alex Sacca on completing the Chartered Accountants Program. 


Meet Linda Fidge


 

Hi my name is Linda Fidge. I joined the team at Brentnalls SA in December 2006 as an intermediate accountant and was promoted to Associate in July 2016.

I graduated from Adelaide University in 2006 and completed the Chartered Accountants program in 2009.

I enjoy working with clients in a variety of industries and I have a special interest in business analytics, performance and wealth management reporting.

Outside of work I love to spend time with my husband and my two children. I also enjoy social rowing.


 

 

 

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The information provided in this newsletter does not constitute advice. The information is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. We recommend that you contact Brentnalls SA before making any decision to discuss your particular requirements or circumstances. Brentnalls is not a partnership or a joint venture. Instead, the business of Brentnalls SA is independently owned and operated and it is an independent member of the Brentnalls Affiliation of Accounting Firms. Individual member firms do not accept responsibility or liability for the actions or inactions of any other individual member firm.

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