The security of our family, including the money we invested in a small business, are two of our top priorities. We always try our best to make our homes safe from any harm and to protect our hard-earned treasures, our best option is depositing it in a local bank. However, these options are not a […]
Regardless of the country, understanding how taxes work and the proper way to file your tax returns is rarely a simple task. Australia is no different. This is why it is important for anyone planning to move to Australia permanently to familiarize themselves with the taxation process in Australia and learn how to navigate the murky waters of taxation laws in Australia.
Know the Dates
The tax year in Australia is from the 1st of July till the 30th of June. You are expected to file your Australian tax return by the 31st of October. Lastly, you can expect your ‘Pay As You Go’ (PAYG statement) from your employer by July 14th. This statement contains a summary of your withholding assets.
How Much Tax Will You Have to Pay?
The taxable income thresholds for Australian residents and foreign Australian resident vary. In general, the minimum amounts on which taxes are applicable to each type of resident are $18,201 and $87,001 respectively.
On top of this, Australian residents are also expected to pay a 2 percent Medicare Levy that entitles them to the benefits offered under Medicare. Foreign residents though can be exempted from this Levy if they meet the exemption criteria.
Additionally, there is another 2 percent Medicare Levy Surcharge (MLS) for every taxpayer who doesn’t have an insurance for a private hospital.
Apply for Your Tax File Number
One of the first things you need to do after moving to Australia is to apply for a Tax File Number (TFN). This number will be used throughout your stay in Australia for taxation purposes. Moreover, you are also required to submit a TFN number to your employer within 28 days of starting your employment. Failure to do so could lead to your employer withholding up to 49 percent of your salary. So, it is a good idea to get your TFN number as early as possible. It can take anywhere between 10 and 28 days for your application to be processed.
If you don’t want to go through the paperwork yourself, you can hire tax agents hobart who’ll do it for you.
How to File Your Tax Return in Australia
Once you receive your PAYG statement, you can start on the filing process even though it is due on the 31st of October. The PAYG statement might look like an informal or unofficial document, but it contains a complete summary of your earnings in that tax year along with the address of your employer. The rest of your tax details are already forwarded to ATO, the Australian Tax Office by your employer and bank in August. You can then file your tax returns online.
Get Legal Help
Enlisting the help of a lawyer who specializes in migration and tax laws in Australia can help you understand the intricacies of the tax system and can help you avoid making any mistake. A lawyer can also help you manage your assets in your previous country and how they would impact your tax returns in Australia.
If you are looking for security companies in Sydney you must be looking for a competent security team to care for your building or belongings. If it’s for business purposes you would be extra vigilant when hiring a security personal. They would be responsible for a number of tasks. This I why it crucial to find someone who is competent enough to keep the building safe from intruders, robberies and vandalisms.
If you are looking for a security guard for caring for a residential building, again you need someone who is trained to handle all sorts of emergency situations which might arise amongst the residents. Also they should be aware of intruders and personally check all those who enter the building, especially if they don’t happen to be the residents of the building. Check here for a full list of security guard companies in Sydney.
When hiring a security contractor, keep all of the following things in mind.
- Are you looking for a limited or extensive security? Limited security can be either for a short time period or for a specific task or purpose. For example if you plan to send expensive items or important documents from one place to another and need to hire security personal just for that purpose. On the other hand extensive security refers to hiring a security personal for a long time period for the purpose of adding security measures to a building or place or for providing security to a specific person.
- Are you looking for an armed or an unarmed security? This I a serious matter and shouldn’t be taken lightly. Keep in mind that if you hire armed guards you would need to pay extra for that service.
- Another issues which you might need to address is whether you want your guards to be plain clothed or in uniform.
When hiring armed guards
Keep the following things in mind when hiring armed guards
- Armed guards might need to sue deadly force when and if the situation arises.
- The guards should be experienced in handling fire arms. They should have undergone proper training.
- Also get to know what policies the contractors have when it comes to use of weapons.
- There are certain moral questions which you should address before hiring an armed guard. Get to know if the member of your association or community are okay with having an armed guard on the premises. Also get to know if the presence of an armed guard might pose any sort of risk.
- Consider if it’s actually worth hiring an armed guard. It may be a strain on your pocket if you are hiring an armed security guard for an extended time period.
However, it should be kept in mind that the presence of an unarmed guard is just as much of a deterrent for any security risk as the presence of an armed guard. Just make a decision based on mutual agreement. For more information on hiring a security guard in Sydney, make sure you check out the local companies that are available.
As women in leadership there are certain things which should be kept in mind. The following is a compilation of words of advice from professional women as they made their way up the corporate ladder.
Hard work and merit are quite important but you need more
All women entrepreneurs know the importance of hard work and excellence. However, it is better to know that being hardworking just isn’t enough? You need to make sure that people are aware of how much you are trying. This by no means indicates that you should resort to bragging. It’s just that being too modest won’t get you anywhere. There are chances that you could be overlooked. There is no harm in reminding people of how you have always been there when the need arises.
Build a network
The importance of networking shouldn’t be overlooked. You may reach to a certain position but without networking you can’t expect to reach to the top. You would have to make an effort to know the right people. People who can give you a push in the right direction.
Setting your priorities straight
Some women make the mistake of assuming that they have got everything under control. At some point you might find yourself slipping. Juggling a career with family and other expectations may not be an easy job. However setting your priorities straight can help women leaders avoid pitfalls. Just make sure not to get too tired juggling those priorities. Take a rest. If you make a mistake, let it go. There would be time enough to rectify it. Look into corporate leadership training with Inkling to assist development.
Learn to speak up when necessary
Research has proved that women often lag behind the salary pool is because they are unable to make the right kind of negotiations. Women leaders believe their hard work speaks for itself and it alone would help them achieve what they want. Keep in mind that people in charge are busy individuals. They need to be made aware of your efforts. This way you can negotiate your salary based on the amount of hard work you put in.
The importance of dressing well
Women executives in to position know the importance of dressing well. This gives an air of quite poise and a purposeful style. Such women come across as smart and well put together. An individuals who knows her worth. So make sure to select a style which works for you.
The importance of silence
Women tend to speak more than men. That I why it’s always important to practice the pause. Not sure about how things are going? Make a statement and then pause to see what effect it might have on those around you. Too many presentations are ruined because women tend to ramble on about their ideas. Just make a statement and then let people around you absorb what and why you have made your point.
Deliver what you promise
If you have promised to submit work on a certain day, make sure it’s there on the table. Thinking of new idea and implementing them? Make sure you make it happen. People would realise you as being a person of their words. This is important when it comes to assessing how well a leader is doing in their field.
Keeping the above mentioned things in mind would help women in leadership roles get a stronger footing.
Increasing Brand Consciousness through SEO Services in Australia
With the different online business sites, chances are most people do not know your products and services especially if your business is in its start-up point. That is why it is essential to increase your brand awareness. One of the most common ways of doing it is through SEO services in Australia. This online marketing tool has helped companies and groups to be known to the right market by making their website, or online page appears in the search result engine. This promotional strategy is very effective and efficient as well as affordable which is why many are a fan of it.
Australia has a strong economy and being able to rise to the top is not that easy. It requires proper planning, and through SEO, you are given the opportunity to establish your business by making it more familiar to the people. Building a strong foundation of a business relationship with them is very essential. Brand awareness will also be maximized if you can design your website in a way that it is complete with the information you want to extend to your potential clients. This includes describing your products and services well. Your site must also be interactive so that you can answer the people’s inquiry. By doing this, Search Engine Optimisation services in Australia will be able to help you the best way they can.
You can also find SEO experts by doing online research. Keep in mind that your brand name or trademark is everything. Make sure that it always has a good impression to the people. You should take the first step and contact these experts. Surely they can help you especially if you are new in the business. Also, be well-aware of the type of service these companies will provide you so that you can determine if it is the appropriate one. You do not want to waste your effort.
Let your company be known and start enjoying the vast benefits of SEO services in Australia. Looking through some online reviews is also very helpful. The testimonies of previous clients will serve as your guide. If you couple these schemes with discipline and determination, surely you will achieve success. All the leading brands nowadays start at this point. With the help of the professional team, your business can also be at the top shortly.
Remember that the level of professionalism you display to your clients is very essential. Your website is your first impression to them but see to it that behind the complete and comprehensive web page, the staff and personnel behind it are respectful. This is a very big thing to any business. If an online business manifests this, it will surely have a good relationship with the clients. The brand will always have a positive image to the people. Through SEO services in Australia by https://www.edgeonline.com.au and other country-based, people will know your business better. This is the starting point of your way to success.
How much do you know about the mining industry in New Zealand? As with other industries it’s important to know the facts so you can distinguish it from fiction. Here are some of the key facts to keep in mind:
Mining is a $2 billion industry in NZ
Here’s a key fact to keep in mind because it’s an important stat to know regardless of where you stand on the issues. For example, 2008 put up record production numbers for NZ mining. In fact, the industry has been proliferating recent years based on the increased international demand for the country’s resources.
This fact can be interpreted in different ways. What’s important is to note that mining is one of the biggest industries in New Zealand. There are other big industries like sheep/dairy farming. However, $2 billion is certainly a big figure and shows the big value of the industry in New Zealand.
It provides thousands of NZ jobs
These jobs are also high-paying and highly productive ones. For example, the mining sector employees around 6,000 New Zealanders. Thousands of more workers are employed indirectly through the industry. Another issue is the jobs in the sector are very productive. The mining sector returned $36,000 of GDP for each full-time worker on average. That’s almost 6x the national average. This shows that the mining workers are very productive.
Another issue to keep in mind is the average income of mining workers is $60,000 per worker. That’s more than 2x the national average. So not only are mining workers very productive, but they’re also paid for their high productivity. This is a key fact related to NZ mining industry.
It includes mining on conservation land
Over 80 mines were operating on NZ’s conservation land as of September 2009. Several of the permits were provided by the last government led by the Labor Party. Another fact to keep in mind is that the country’s global tourists rose 37% between the years 2000 and 2008. This is another factor related to conservation land but shows that in the case of issues like mining and tourism the country seems to be taking a very pro-business stance.
There’s some debate about whether mining should be conducted on conservation land. By definition, the lands are protected by the government so it could be considered a conflict of interest when there’s mining conducted on those lands. However, it’s a debatable issue that will likely continue for quite a while.
It’s an important NZ export industry
In 2009 alone the mining industry earned $1.1 billion of export revenue in New Zealand. This is a big figure and shows it’s not only a big industry but also one that earns money for the country on the Internet market. This makes the situation more complex because the receipts aren’t just domestic but also international. In the case, there are debates about the industry it makes the entire situation more complex since international countries are also contributing to the industry’s revenue.