Adapt to Change + Come Out Thriving

Life has changed for us on a global scale and we are experiencing a collective loss of the world we once knew.  We are all unique and experiencing the grief in different ways.  We may be feeling the loss of physical touch or connection, playing sport, change in routine, gatherings with family and friends, workplace changes, job loss, loss of someone we know due to the virus, and most of all; our freedom.

Children are experiencing it too and may be showing it in their behaviour as they too miss connection with their family and friends, their sports, activities and school.

Our workplaces have changed whether it is dramatically, slightly or somewhere in between.

As if our working day didn’t already include enough moving pieces to manage, a lot of the population are now working and living under one roof 24 hours a day.  You may be living with family, friends or housemates; emotions will be fluctuating and at times we may feel like we are on an emotional roller-coaster, but keep in mind that difficult emotions don’t often last and will pass.

Many of us are home learning our children while working.  Our kids are having virtual morning school sessions, we are on zoom meetings, we all have work/school deadlines that need to be met. We are trying to get as much work done while kids nap or in their recess time and many of us are attempting to wedge the rest of the workday into the early mornings and post-bedtime.

We are all juggling our role as best we can on a day to day basis.  Some days are great and others may be very challenging.  It is important to know we are all in this together and that even though we are physically distancing we need to remain connected socially to those that love and support us; our family, friends and colleagues.  We will help each other through this time.  We will forge stronger bonds with some friends and work colleagues and we may also notice the leaders or managers in your workplace that thrive during this and other’s that struggle with offering compassion, empathy and kindness.

In these unusual times keep things simple.  To maintain good mental and emotional health, here are some ideas to help you sail through the coming months and allow yourself to ‘Thrive’ and not just ‘Survive’.

  1. Complete one satisfying activity and one pleasurable activity each day. Anything more is considered a bonus.
  2. Focus on the things we can control, rather than those out of our control. This may include our mindset each day, finding the fun in our day, switching off the news, having a break from social media if we are finding it too negative, being kind and showing gratitude towards others and ourselves.
  3. Get good quality sleep. Sleep is essentially our life support system; our swiss army knife of good health.  It is not only vital for our physical recuperation; it is essential for our emotional and mental health restoration.  Following good sleep hygiene is high on my priority list for better brain cognition, emotional stability and physical endurance.
  4. Go outside and soak in the Vitamin D we receive from the sun. Not only is Vitamin D essential for our bone health but for proper brain development and functioning.  Low levels of vitamin D can be associated with depression, anxiety and seasonal affective disorder (SAD).  Sunlight is the best form of Vitamin D.  Your body also needs it to absorb calcium so it’s a double bonus; by walking or exercising outdoors, you get your dose of Vitamin D but you are also strengthening your bone density which helps prevent osteoporosis, muscle spasms and aches.
  5. Do something that nourishes and nurtures your mind, body and soul. We are bounded for many hours a day within our four falls with our family or friends and it’s important we have some time out from each other.  Whether it is talking a warm magnesium bath, reading a book, going for a walk, colouring or painting, dancing to an uplifting song, writing a story, swimming in the ocean, calling a friend for a chat, gardening or knitting.  These mindful activities will help enormously with your mental health and keep you sane over the months ahead.
  6. Drink water regularly. It is important to stay hydrated.  Water helps with our motivation, clarity, productivity and our mood, along with all the awesome things water does for our body.
  7. Check in with our emotions and tune into how you are feeling regularly. The best way to do this is take time to breathe.  Do some regular deep breathing exercises to instantly calm our nervous system, boost brain function, reduce blood pressure and feel more relaxed and focussed instantly.  There are lots of different techniques which include Box breathing, alternate nostril breathing, 4-7-8 technique, abdominal breathing, yogic breathing (pranayama) or just taking a moment to focus on our breathe.  There are also great ones for your kids too like finger breathing, hot air balloon, bumble bee breath, elephant breathing and shoulder roll breathing to name a few.  These are also great for adults and have the fun element too.
  8. If you are saving several hours a day from not travelling to work, what positive things can you do in this time? Some of the activities that may have popped into your mind after reading #5.
  9. Be curious about things you notice, see or read. It will enhance your creativity and improve both your mental and emotional wellbeing.
  10. Eat well! Nourish yourself with fresh foods.  Consume a variety of foods that are nutrient dense. Choose a rainbow of fruit and vegetables.  Eat when we are feeling calm, happy or relaxed, rather than when we are stressed or upset as our digestion switches off if our mind is in a flight/fight state.

It will be interesting to see what our workplaces look like after this.  Our leaders and managers have the opportunity to choose quality work over quantity of work from their team. They may now value the creative ideas that emerge after a midday walk, rather than having sat at our desk without a break.  They may stop rewarding the faster response over the better and more thought out response, or the longer workday over a more productive workday.

Will the values of the workplace change?  Will employers and managers rely more on the ‘soft skills’ like Emotional Intelligence including: resilience self-regulation, self-awareness, motivation, empathy and social skills which are all prime at this point of time more than ever.

As Ben Crowe, an expert on Mind Health said, ‘It’s our decisions, not the conditions, that determine our mindset, our attitude, our outcomes and our self-worth’.

We are often looking for the extraordinary moments, let’s look at making meaningful moments during this pandemic and these will be the most memorable when we look back on this time of our lives.  Our grandkids and their grandkids will be learning about this time in history class.

I would like to end with this quote.

‘Hard times are like a washing machine,

They twist, turn and knock us around,

But in the end, we come out cleaner, brighter and better than before’.

 

Let’s remain hopeful and optimistic.  See you on the other side!

 

Jo Surkitt – Revitalize Lifestyle

__________________________________________________________________________________________________________

For more information on Jo Surkitt head to www.josurkitt.com.au

Jo has just released a free meditation on Adapting to Change.  Here is the link:

https://www.youtube.com/watch?v=UAJKaRjYP_s&feature=youtu.be

Jo Surkitt runs a series of sessions on Creating Positive Change.

The series is called: Move from Overwhelmed to Empowered

Session 1: Resilience: Adapting to Change during a pandemic and mindful movement

Session 2: Excellent Sleep Practices – Create your best sleep hygiene

Session 3: Cleanse, detox, declutter your life – Creating optimal health

For more information about the online programs head to https://www.josurkitt.com.au/online-training

Okki

Fiona McPherson is Okki – Client Insider l Canny Group

Okki is a grown up version of Fiona McPherson’s previous childrenswear label that was fiercely successful, known as “Oishi-M”.  Okki was born from the demand of her glorious customers + the curiosity of adapting her famous designs into a womenswear brand… safe to say that she is bursting to unleash her complete unfiltered kookiness into her passion for her garments that are created from the inside out.  Coupling this ethos with uncompromising workmanship, it imbues each garment with a rich + race character + quality.  Introducing, Fiona McPherson is Okki – Client Insider l Canny Group

HOW LONG HAS OKKI BEEN UP + RUNNING FOR?

Two and a half years, Okki has been adorning and flattering a myriad of lovelies.

EVERYBODY HAS SOMETHING… what do YOU love about your job?

I get to create.  I am living my dream career.  Intrinsically, there is nothing else I would want to be doing.  If I was really going to push myself into another career path – it would be architecture. When you think of it though – I create all of my patterns in auto cad just like architects create their designs/patterns for buildings – basically I would be doing the same kinds of things in a different industry.  Makes sense I guess.  I simply love and adore what I live and breathe every moment of “da business”.  The good the bad and the ugly… I’ve learnt to love it all… it all propels you forward in whatever way you need it to.

With Okki, I get to come up with big ideas and work towards them.  This year I will be getting back into childrenswear.  I love it!  It’s something that I can unleash my complete unfiltered kookiness into and celebrate it.  We all love colour and love the idea of wearing the same garment with different twists… but as adults we let fear get in the way of what people may think if I stand out. Whereas, people tend to live these outlandish dressing goals through their kids.  Okki is for the creatively curious and OkkiD is for the kooki kids that just love rambunctious colour, patterns and all the good stuff.

Yup… I’m living life like a kid in a candy store.

IS YOUR JOB EXCITING… or you just play with clothes all day?

There is not one day that I have encountered whilst running Okki, that I have dreaded getting out of bed and going to “work”.  I say “work” because I really feel like I’m not “working”… I love it all. It’s hard work running a clothing label, designing, spec-ing designs, drafting patterns, making samples, refining samples, improving patterns, making fabrication samples, photo shoots, creating and thinking up ideas for photo shoots, cutting bulk fabric, sewing production whilst, talking with potential wholesalers, fabric suppliers, accountants [I love mine btw], bookkeepers [mine is gold and I love her dearly], PR guru’s [also… I love mine… just say’n]… brainstorming and creating marketing campaigns, applying and following through with markets, trade fairs and their stall designs etc…

This business is hectic and big and the opportunity is huge.  BUT most of all I love every bit of it.

What I have learnt through my experience is that you need to surround yourself with knowledgeable, experienced, quality professionals who take the things that you are not glorious at [and really don’t want to be] to give you the space to be creative and let your skills speak volumes.  My ducks are lining up and the professional positions that I have needed to fill have been carefully curated… now it’s “go” time.

LOOKING INTO THE FUTURE… what’s planned for Okki?

Okki has a big year ahead!  I’m launching OkkiD, Okki’s kidswear label.  This is an extension of what my old kidswear brand was with pattern refinements and new creations to spark intrigue, joy and comfort in every kids life [and their parents].  The clothes are all constructed on the premise that they will grow a size with your child… be good enough after a couple of hand-me-down moments to still wear due to being made out of quality fabrications, and the patterns will grow with your child.

Whilst launching OkkiD in April, I will also be endeavoring to inject new styles and fabulous-ness into Okki, whilst running our Geelong based factory and our growing employee base.

TELL ME MORE… how do I get in contact + find out more about Okki?

Please feel free to email me on fiona@okki.com.au OR check our our socials…

WEBSITE // www.okki.com.au

INSTAGRAM // okkicollective

FACEBOOK // okkicollective

New Labour Hire Laws In Victoria

New Labour Hire Laws in Victoria l Canny Group

ATTENTION ALL BUSINESSES.. does your business or organisation use labour hire workers?  If this applied to you, then you need to be aware of the new labour hire laws that are now in place, and how they may affect you and your business!  We have everything you need to know here; New Labour Hire Laws in Victoria l Canny Group

Under the Labour Hire Licensing Act 2018, labour hire providers will have until 29 October 2019 to apply for and be granted a licence by the Victoria Labour Hire Authority to operate in Victoria.

Licences can be applied for from the Labour Hire Authority website.  These licences are valid for a period of no more than three years.

There is a test that needs to be satisfied to obtain and maintain a licence.  This is known as “fit and proper test”.  Businesses will need to prove past compliance with the applicable employment, tax, immigration and workplace health and safety laws.

To ensure compliance of the new licensing system, the Victoria Labour Hire Authority will employ inspectors.  These inspectors will be able to enter and search premises, examine, seize or inspect anything suspected of relating to a possible contravention.

KEY POINTS FOR BUSINESS OWNERS:

  • LABOUR HIRE PROVIDERS MUST REGISTER ONLINE TO CREATE AN ACCOUNT + then apply for a licence.
  • LABOUR HIRE PROVIDERS WILL HAVE SIX MONTHS, or until 29 October 2019 to register online + apply for a licence.
  • IF PROVIDERS DO NOT APPLY FOR A LICENCE within the six-month transition period, they will be prohibited from providing labour hire services from 30 October 2019
  • UNLICENSED LABOUR HIRE PROVIDERS CAN FACE SUBSTANTIAL FINES, with a maximum penalty for a natural person being more than $120,000 + for a corporation exceeding $500,000.
  • HOSTS [BUSINESS WHO UTILISE LABOUR HIRE WITHIN THEIR BUSINESS] who enter into an arrangement after 29 October 2019 with a labour hire provider who has not applied for, or who has been refused a labour hire licence face substantial fines ranging from a maximum in excess of $120,00 for a natural person to in excess of $500,000 for a corporation.
  • THERE IS AN APPLICATION FEE, + ANNUAL LICENCE FEE, payable by the labour hire provider.

If your business uses labour hire workers in Victoria, we recommend you begin enquiringly with the providers as to their intentions with respect to applying for a licence.

Please contact Canny Legal on 5278 9500 or get in touch here if you have any queries regarding the new Labour Hire regime.

Furry Tails Mobile Hydrobath

Furry Tails Mobile Hydrobath – Client Insider l Canny Group

Jacqui Smith, like many of us had hit a road block in her career and was on a journey to discover what her real passion in life was.  In a bid to find some inspiration, she typed the word ‘dogs’ into JobSeek and eight months later she is the trusted furry-god mother to so many amazing puppies and pooches!  Introducing, Furry Tails Mobile Hydrobath – Client Insider l Canny Group

WHAT IS FURRY TALES…?

Furry tails is a locally run dog washing/grooming business that comes right to your door!

HOW DID FURRY TAILS COME ABOUT.. come to life?

Furry Tails was born out of a sheer love for dogs and their happiness.  My dream wasn’t fully realised until I had hit a roadblock in my career.  While on a journey to discover my passion, I had typed the word ‘dogs’ into JobSeek hoping to be inspired, and that’s when a mobile dog wash company popped up!
This sparked the idea, and I realised this could be the career I had always dreamed of.  I started investigating further, and volunteered at a veterinary clinic assisting in the grooming of the dogs.  It was so great!  I found that my love of dogs and their wellbeing had led me to the perfect job.  I have a background in graphic design so used those skills to create my branding.  I wanted it to be to be clean, eye catching and fun, so I recreated something I had been drawing since kindergarten, a dog under a rainbow.  And that’s how my furry tail story began!

HOW LONG HAS FURRY TAILS BEEN UP + RUNNING FOR?
Eight wonderful months

EVERYBODY HAS SOMETHING.. what do you love about your job?

Being a furry god mother to all the wonderful dogs out there and being able to pamper them and make them sparkle!  PLUS I get to pat all the dogs which is just the dream and I meet so many lovely people on the way.

IS YOUR JOB EXCITING.. or do you just play with dogs all day?

It’s definitely exciting because I play with dogs all day!  There is a lot of excitement that comes with visiting new/returning dogs and getting to know them.  Most of the dogs are fantastic and take a bath like a champ, others can be tricky but that’s why I always have a wide range of locally made tasty treats with me at all times!  I win them over.  Some dogs can be cheeky but I try to create a positive experience for all my furry tail creatures so that they enjoy their bath time.

WHAT IS PLANNED FOR THE FUTURE OF FURRY TALES?

My hopes for the future are to grow the business and expand my customer database around Geelong and surrounds.  I have plans to expand the business into other areas, for example, home-made dog treats, cologne sprays and hand-made dog collars.

I see Furry Tails potentially expanding into a franchise down the track.  I’d love to give other people the opportunity to work at an amazing job that is super fur-fulling.

HOW DO I BOOK AN APPOINTMENT.. get in contact + find out more?

Give me a call or text on 0404 706 506 to book an appointment!

You can also check me out on Facebook – furrytailsmobile OR browse the cute dog pictures on my Instagramfurrytailshydrobath

Just One Thing. Imagine (jot.I)

Kim Bradbury isn’t just a mum-preneur, she isn’t just our very own Business Manager AND she’s featured on Domain.com.  Determined to provide a real solution to our worlds waste problem.  That is the driving force behind Just One Thing. Imagine (jot.I) and believing in the most ordinary products that can make the biggest impact.

 

WHAT DO YOU DO AT JOT.I? – where did you start to where you are now?

At jot.I, I take unloved and unwanted pieces of clothing and turn them into something completely new…bags.  One of my favourite things when designing a new bag, is to make sure it retains a piece of what it once was – which I hope brings a smile to my customers.

I started with a small idea for a shopping bag – supermarkets were advertising that they were going to stop single use plastic bags, but would replace them with a different type of manufactured bag, which seemed a little counterproductive to the environmental problems that the world is facing – and I knew that I didn’t want to manufacture a bag in a factory, I wanted to create something that might make a difference to the world in which we live.  So I thought about fashion waste and how we as a country discard on average 23kg of textile waste per year, much of which ends up in landfill, despite donations to charity shops; and so, I looked for a way that I could use clothing to make a shopping bag, that might in some small way, leave a positive impact on the world.  That’s how Just One Thing. Imagine (or jot.I for short) was born.

The solution I came up with, was a shopping bag made entirely from a men’s shirt.  It still has the placket and the pocket, which I think is fun and it wraps up neatly to fit in a handbag or sit in your car, and is secured by the cuff of the shirt, making it 100% recycled.

From this one idea, I now make satchels, totes, lunch bags, phone stands, sunglass cases…anything I can think of to make sure I use every scrap of material and ensure I am a true zero waste business.

HOW LONG HAVE YOU BEEN UPCYCLING/RECYCLING + REDUCING WASTE… and making master pieces?

This question was a bit of an eye opener for me, because I officially started upcycling when I started my business in October 2018.  However, when I look back, I have been doing this since I was a little girl.

One of my strongest memories as a child is sitting with scraps of material that were left over from garments that my Mum would sew (I am lucky by the way, to have a very talented seamstress for a Mum) and I would wrap the scraps around my dolls to create what I thought was the most wonderful couture outfits.

Then when I was a teenager,  before I threw out any clothes, I would always try them on and consider if they could be re-vamped with the talents of my Mum, before I threw them out.  This often meant that dresses became a top, or a long skirt became a mini and I always had a wardrobe that was filled with one of a kind pieces.

So, looking back, I guess I have been upcycling all of my life, but now I have a child of my own, I take it a little more serious as I want to leave a legacy for him that we can be proud of.

WHAT DO YOU LOVE ABOUT YOUR JOB?

In one word… creating and problem solving.  I love looking at an unloved piece of clothing and then turning that into as many useful everyday pieces as I can.

My favourite so far has been coming up with the idea to use the extra men’s shirt cuffs that I had left over from my shopping bags and to incorporate them into a functional part of the design for my sunglasses cases.

WHAT IS your SECRET.. to being a mum-preneur?

Family and friends.  Without their honest feedback, encouragement and support – I wouldn’t have had the courage to become a mum-preneur.

 

To check out Kim Bradbury’s website to go: https://justonethingimagine.com.au/

Instagram: https://www.instagram.com/jot.imagine/

OR have a read of Kim’s feature on domain.com.au : https://www.domain.com.au/living/the-rise-of-the-hobbyist-796778/?utm_campaign=strap-masthead&utm_source=domain-homepage&utm_medium=link

Ivy Recruitment Partners

Ivy Recruitment Partners – Client Insider l Canny Group

Ivy Recruitment Partners is a niche boutique recruitment consultancy specialising in financial planning recruitment for boutique to medium sized financial planning firms across Melbourne and Kim Eveleigh is the powerhouse behind it all.  Introducing, Ivy Recruitment Partners – Client Insider l Canny Group.

How did Ivy Recruitment Partners come to life?

I owned another recruitment agency for nine years and after returning from maternity leave with my third child, my then business partner and I decided it was time to go our separate ways.  This is when I met Mandy from Canny Group who assisted through the sales process (she was amazing!).  When we settled I sold my shares, established Ivy Recruitment Partners and I haven’t looked back!

How long has Ivy Recruitment Partners been up and running for?

Seven amazing months!  As part of the sale I was able to take my clients with me and I anticipated just working on those roles.  However it has absolutely taken off and completely surpassed any of my expectations that I previously had.

What do you love about your job?

The relationships most of all!  I have amazing relationships with my clients and due to this they always give me repeat business which is incredible.  Some of my clients are like friends now.  Because of the relationships I have built, I get many referrals which means I regularly get new financial planning businesses contacting me off the back of my existing relationships.

I love dealing with candidates.  There are some candidates that I placed many years ago in junior roles who have worked their way up and are now my clients!

I also wouldn’t be a recruiter if I didn’t enjoy the satisfaction of making placements – it’s not only the thrill of placing a great candidate (particularly the junior candidates when you hear them squeal with delight that they’ve been offered their dream role), but also the praise the client gives when you’ve secured them their ideal candidate and how pleased they are that they’re been provided a great service.

It’s a pretty lucrative career as well.  If you love it… you do it well.

Is your job exciting or do you just look at peoples resumes all day?

It has its highs and lows.  One day you have multiple roles on with candidates going out to interviews and making placements and it’s so motivating!  Then the next day, you might have a candidate withdraw or another agency fills the role you are working on (as there are a few businesses that use several agencies for one role), or it could be that something else happens and the placement you thought you were to to make just simply doesn’t happen.  That’s when you turn it up a notch and go into overdrive to fill the roles for your clients.

You certainly do look at a lot of resumes, but having been in recruitment for 13 years now, it’s second nature and I can easily pick a top candidate out of 50 applications through quick screening.

What’s planned for the future of Ivy Recruitment Partners?

At the moment, I absolutely love having the flexibility and freedom of working for myself around the kids as life is busy with three!  However, I have so much business coming through, much more so than I had anticipated, that I might need to look at bringing on another consultant sooner rather than later.  Ideally, I’d like to continue as I am until my littlest reaches kinder and hopefully I am able to do that.  At that point, I’ll be back talk to Mandy about how to build the business and put a plan into place.

How do I get into contact or find our more about Ivy Recruitment Partners?

You can e-mail me directly at kim@ivyrecruitmentpartners.com.au.

I am always on LinkedIn as well so that’s another good way to make contact!

 

Kim Eveleigh – Director

Ivy Recruitment Partners

Geelong Cancer Rehabilitation

Geelong Cancer Rehabilitation – Client Insider l Canny Group

Kerry Browne is the incredible woman behind Geelong Cancer Rehabilitation, with over 20 years of experience as a physiotherapist, her passion for optimal wellness for her clients inspired her to train as a lymphoedema therapist.

What is Geelong Cancer Rehabilitation?

Geelong Cancer Rehabilitation sees patients from diagnosis, through post-operative phase and treatment and then onto a guided exercise program to optimise physical and functional recovery.  We specialise in prevention and treatment of lymphoedema, treatment of cording and post-operative scar management.  We also assist in continuation or return to physical activity following cancer treatment.

How is it that Geelong Cancer Rehabilitation come to life…?

I have over 20 years’ experience as a physiotherapist and spending the first 15 years of my career specialising in musculoskeletal injuries, it was the work I did whilst in London 15 years ago at a clinic specialising in low back pain led me to train as a polestar pilates practitioner.  After returning to Australia, I worked at a busy Melbourne practice specialising in the rehabilitation of cancer patients using both manual and pilates skills.  A real passion for optimal wellness for these clients inspired me to train as a lymphoedema therapist.

I moved to Geelong 5 years ago and decided to open my own Oncology practice.

What keeps you coming back to work everyday…?

I am very privileged to be in the position to help people who are dealt the terrible cancer card.  I meet them when they are at a difficult time juggling the stress of diagnosis, treatment and their work and family lives and I then watch them come out the other side and return to what they love and enjoy.

My work keeps me grounded and also motivates me to continue to strive to use best practice to help my patients.

Is your job exciting or do you just hang out with people who are struggling with movement?

Day to day I probably wouldn’t describe my work as exciting.  Yes I am often dealing with patients who are struggling not just physically but also mentally however their strength and resilience continues to astound me.  What is exciting is the research which has recently been published which has confirmed the importance of exercise and movement during and after cancer treatment in decreasing cancer recurrence!

What is planned for the future of Geelong Cancer Rehabilitation?

I will continue to manage cancer patients on a day to day basis but would also like to be involved in some further research into optimising wellness for my clients.

How can I get in contact or find out more about Geelong Cancer Rehabilitation?

My contact number is 0401916365 or you can go to http://www.geelongcancerrehab.com.au

Kerry Browne – Geelong Cancer Rehabilitation

We Bring Home an International Award

Canny Group Bring Home An International Award l Best In Team Development

The PANALITIX conference is a premier annual even where accountants from across the globe converge to learn on accounting best practice from industry influencers, thought leaders, technology and solution providers as well as international outstanding accounting firms.

Directors, Amanda Wilkens and Krystine Canny-Smith and Manager Helen Yau travelled across the globe to San Diego in November to take part in the conference.  Not only bringing back extra suitcases and excess baggage, they also managed to bring home the Best in Team Development Annual Award for 2018 from 12 awards.

The ‘Best in Team Development’ category aims to reward those who strive to create an amiable work environment for their team, while consequently providing continuous team development and engagement, resulting in business growth.

http://atthepac.com/thepac-awards/

Non-Compliant Withholders to be Denied Tax Deductions

Non-Compliant Withholders Denied Tax Deductions l Canny Group

Businesses will no longer be able to claim deductions for payments to their employees where they have not met their PAYG obligations.  This includes where the employer is required to withhold PAYG from gross payments, but fail to report or remit it to the ATO.  We are your trusted advisors when it comes to ensuring you meet your requirements with the ATO, we have put together this article to help you ensure you are across the latest announcements, introducing, Non-Compliant Withholders Denied Tax Deductions l Canny Group.

Employers will be required to make sure all reports relating to PAYG withholding amounts be made to the ATO.  Failure to do so will render the gross payments made to employees’ non-deductible.  This includes any ‘nil’ lodgements for Activity Statements as well as any non-payments of PAYG withholding.

Strict penalties already apply to businesses who fail to withhold certain amounts paid for royalties, foreign dividends and interest payments.  Not only are these businesses fined by the withholding amount, but additional failure to remit penalties will also apply.

The new legislation goes another step further by removing deductibility of the original payment for workers.

Originally announced as part of the federal budget, this Black Economy legislation is due to take effect from date of Royal Assent.  PAYG withholders will be required to ensure that all lodgements are made on time to avoid large penalties with denied tax deductions.

Additionally, the deduction for businesses on certain payments to contractors which have not met PAYG obligations will be denied.  There are some exceptions.  In situations where an employer has been audited by the ATO and deemed to be paying staff as independent contractors, no denial of deductions will occur if the employer has made a genuine mistake and thought the staff member was a contractor.  However, the employer may still be liable for penalties associated with non-compliance of other tax and withholding obligations.

 

Source: Treasury Laws Amendment (Black Economy Taskforce Measures No. 2) Bill 2018; Budged paper No 2, p 24 (VIA Wolters Kluwer)