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If your business pays contractors for services in specific industries, you may be legally required to lodge a TPAR each year. Timely reporting is crucial to avoid penalties and maintain compliance. Do You Need to Lodge a TPAR? Businesses that engage and pay contractors for any of the following services are generally required to submit […]

Retention refers to a portion of a contractor’s payment that is withheld by the client until the project reaches completion and satisfies agreed-upon quality standards. This amount typically ranges from 5% to 10% of the total contract value. Retention acts as a financial safety net for the client, ensuring the contractor rectifies any defects during […]

Your physical wellbeing is just as important as meeting deadlines. That’s why it’s crucial to create an ergonomically sound workspace that supports your body and reduces discomfort. Ignoring your body’s needs can lead to neck and back pain, fatigue, and even long-term injuries. Fortunately, small adjustments can make a big difference in how you feel […]

It’s tempting to believe that working longer hours means getting more done. But the reality is, working longer without rest can lead to stress, burnout, and diminished productivity. Whether you’re managing a small business in Sydney, working remotely from Brisbane, or navigating a busy role in Perth, it’s essential to adopt strategies that support sustainable […]

Boundaries are more than just a tool for managing your schedule – they’re crucial for maintaining focus and reducing stress. When you let clients know when you’re available and protect your personal time, you’re not just preserving your wellbeing. You’re also setting yourself up to be more effective and engaged during work hours. In Australia, […]

As June 30 approaches, many Australians feel the pressure of the end of financial year (EOFY). From balancing budgets and finalising tax documents to preparing financial reports, EOFY can be one of the busiest times in both the corporate and small business world. It’s no wonder that stress levels rise as deadlines loom. However, staying […]