- Australia Eliminates Sponsorship Limits on Subclass 457 Visas
The Australian Department of Immigration and Border Protection (DIBP) has recently eliminated the sponsorship limits on subclass 457 visas.
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- Australia Increases Super (Superannuation Guarantee), the Required Employer Retirement Contribution Rate
The Australian government has announced significant changes to the Super regime. Super contributions will eventually increase to 12% by 2020, reports Nair & Co.’s International HR Team.
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- Australia Issues Draft Taxation Rules on Permanent Establishments
The Australian Taxation Office (ATO) has issued draft taxation rules on permanent establishments, inviting comments from the public.
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- Australia may limit employment-related tax benefits
The Australian government has made strides towards imposing restrictions on certain employment-related tax benefits, reports Nair & Co.’s International Tax Team.
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- Australia Proposes Amendments to GAAR (Part IVA) to Counter Tax Dodging
The Australian government has introduced Tax Laws Amendment (Countering Tax Avoidance and Multi National Profit Shifting) Bill 2013 on February 13, 2013.
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- Australia Proposes to Reduce New South Wales Workers’ Compensation Benefits
The Australian government has proposed to drastically revise New South Wales (NSW) workers' compensation benefits claims.
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- Australia Releases Fair Work Amendment Bill 2013
On March 21, 2013, the government initiated the Fair Work Amendment Bill 2013 (Amendment Bill) into the federal Parliament. The Bill includes a broad range of amendments intended at making employment more flexible and family friendly, and providing the Fair Work Commission (FWC) authority to deal with anti social claims at the workplace says Nair & Co., which provides Global HR services for companies expanding overseas.
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- Australia Strengthens Data Privacy Laws
Australia is working towards strengthening its privacy laws for both public sector and private companies based in the country. The Privacy Amendment (Enhancing Privacy Protection) Bill 2012 was passed by the Federal Parliament on 29th November 2012, and is expected to be effective from March 2014.
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- Australia Tax Changes may affect Multinational Employers and Employees
The Australian Taxation Office (ATO) has introduced new regulations which may affect individuals including multinational employers and expatriates on international assignments working in the country, says Nair & Co. which provides global HR services for companies setting up foreign operations.
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- Australia to Reform Business Name Registration Process
Australia will soon launch the National Business Names Register which will enable companies to use a single form to register a business name across all Australian states and territories.
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- Australia’s Amendments to Counter Tax Evasion – What You must Know
The Australian government has introduced the Tax Laws Amendment (Countering Tax Avoidance and Multi National Profit Shifting) Bill 2013 on February 13, 2013. The draft amendments are expected to address schemes which are technically compliant with the law but, may have been carried out to evade tax.
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- Australian companies to increase retirement benefit to 9.25 % next month
Come July 2013, the minimum compulsory contribution rate of employers under the Act for “eligible employees” will increase to 9.25 per cent.
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- Australian Federal Court Clarifies that Reasonable Performance Management is not “Adverse Action”
In a case which involved Mr. Ramos and Good Samaritan Industries (GSI), Justice Barker has upheld Federal Magistrate Rolf Driver’s earlier verdict which held that reasonable performance management would not be considered as an adverse action.
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- Austria Eases the Minimum Requirements for a GmbH
On July 1st, 2013, the Austrian government has lowered the minimum share capital for a GmbH from EUR 35,000 to EUR 10,000, says Nair & Co. which provides international expansion services for companies setting up foreign operations.
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- Austria Likely to Introduce Reverse Charge Tax Rules to Combat VAT Fraud
The Austrian Minister for Finance, Maria Fekter recently announced plans to combat Value Added Tax (VAT) fraud. The Austrian government is expected to introduce a reverse charge mechanism on a number of goods prone to VAT fraud.
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- Automated Vendor Compliance Management
eGestalt’s automated vendor compliance management solutions ensure that your BAs and their sub-contractors are completely HIPAA/HITECH compliant. It offers a quick assessment strategy to assess the status of your BAs' compliance to regulations.
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- Autumn Statement 2013: the UK Government's Plans for the Economy
The UK’s Chancellor of the Exchequer recently presented the Autumn Statement to Parliament. A majority of the provisions outlined in the Statement will be effective starting 2014.
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- Avoid IRS Audit Triggers
32 years as a tax lawyer advising clients and handling tax disputes makes me circumspect about addressing this at all. It’s only natural to think about it, especially if you have a large income or complicated tax return.
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- Belgium Business Guide
Belgium Business Guide - Nair & Co. helps organization set up and operate in Belgium with legal entity set up support that includes managing the complete legal entity documentation and registration process. We advise companies on Belgium employment laws, help manage payroll, corporate taxes, VAT/Indirect Tax and day-to-day accounting issues.
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- Belgium Business Guide
Belgium Business Guide - Nair & Co. helps organization set up and operate in Belgium with legal entity set up support that includes managing the complete legal entity documentation and registration process. We advise companies on Belgium employment laws, help manage payroll, corporate taxes, VAT/Indirect Tax and day-to-day accounting issues.
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