The laws changing on July 1 small business owners should know about

Small businesses in Australia will be impacted by changes that kick in on July 1.In NSW, the Dine & Discover scheme will come to an end after two years, while WA and ACT businesses will continue weaning off single-use plastic.

If you’re a small business operator, here are the changes coming through from July 1 you should stay on top of:About 200,000 Australians on the national minimum wage will see aEmployer groups – who would have preferred a rise of about 2-3 per cent – , arguing that it will be “difficult to absorb”, “put jobs at risk”, and “tip some businesses over the edge”.The new pay rate will kick in for the first full pay cycle that starts on or after July 1. So if you get paid on Mondays, the new rate will kick in from Monday, July 4.Some 2.7 million Australians are covered under some type of modern award, which will rise by 4.6 per cent. Those who earn more than $869.60 a week will get a 4.

However, people covered under the aviation, hospitality or tourism industry awards will see their pay increases kick in from October 1 instead.: electricity bills will get bigger from July 1 onwards. The default market offer , which is the price cap that the energy regulator implements to stop power companies charging whatever they want, will rise for residents and small businesses alike in NSW, Victoria, south-east Queensland, and South Australia.

Depending on where they’re based, small businesses stand to cough up between $270 and $1146 extra a year on power bills, which will affect businesses from CBD-based barbers toThe new DMO price will vary depending on which electricity distributor delivers power to your location. The AER has a breakdown

hijessicayun Here come a flood of comments from small businesses owners complaining about having to pay their employees the minimum wage

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The laws changing on July 1 small business owners should know aboutSmall business owners across the country will have to pay higher wages and superannuation amid a raft of changes rolling through in the new financial year.
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The laws changing on July 1 small business owners should know aboutSmall business owners across the country will have to pay higher wages and superannuation amid a raft of changes rolling through in the new financial year.
Sumber: theage - 🏆 8. / 77 Baca lebih lajut »