Accountants should remind their business clients to proactively assess whether they’re paying their employees correctly, as the Andrews government ushers in a suite of wage theft laws that target a broad range of entitlements at the end of the month, says one peak body.
The accounting profession has largely welcomed the government’s temporary COVID disaster payment, but challenges the eligibility requirements attached to it.
The industry bodies have revealed concerns over the design of the reforms, which each believes should have been consulted on earlier, given the significance and volume of the provisions tabled.
In the wake of Victoria’s fourth lockdown, the small business organisation has called for sustained federal small business support, like New Zealand’s COVID-19 Resurgence Support Payment.