Thursday, March 15, 2012



Tax Commissioner Michael D'Ascenzo today released the ATO's annual 2011 prosecution figures for tax and superannuation offences.


The ATO's annual 2011 prosecution figures reveal that almost 1200 people were prosecuted and convicted for tax and superannuation offences last year:



  • 48 people were prosecuted and convicted of serious tax crime offences, with sentences ranging from three months to nine years and 11 months. Six of these convictions occurred under Project Wickenby.




  • 1,149 people and 370 companies were prosecuted and convicted for other tax offences. This included failing to lodge a tax return, providing false and misleading information, or receiving a fee for preparing an income tax return when not being a registered tax agent.



  • http://ato.gov.au/content/00312717.htm
    Published: 14 Mar 2012

    Wednesday, March 07, 2012

    Payroll Tips ...


    Payroll Tip #3

    Leave accruals on Paid Parental Leave:


    Does leave accrual on Government Paid Parental Leave? 
    No, its does not count as service hence no accruals.


    Does leave accrual on Company Paid Parental Leave? 
    Yes, as it is counted as service.

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    Payroll Tip #4

    The current national minimum wage is $589.30 per week. This is set by the minimum wage panel of Fair Work Australia.


    Click here to find out more about the national minimum wage orders.