Protection guaranteed: New laws hold companies accountable for securing your data.The Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022 increases the maximum penalties for serious or repeated privacy breaches from the current $2.22 million penalty to whichever is the gr ...
Business Services Revised ATO guidance on the PSI rulesThe ATO has finalized its guidance on personal services income (PSI) and personal services businesses (PSB). Taxation Ruling TR 2022/3 provides general guidance on the operation of the personal services income (PSI) rules. It combi ...