
Business Information Sheet – Business Compliance
There are many aspects of legal obligation and compliance that apply to a business owner.
We recommend you review this list to become aware of all the areas that may apply to your business.
This list is not exhaustive. There may be other obligations that apply to your business; for example, if you are in a regulated industry or not-for-profit or import/export business there may be additional compliance requirements.
Taxes
GST
Payroll Tax
PAYG
FBT
Land Tax
ATO Lodgements
- Business Tax Enquiries line 13 28 66
Legal Considerations
Registrations and Licenses
- business.gov.au – Business licence Information Service in your state or territory
- Check your local council for licenses and registrations that may be necessary.
Industry Considerations
Industry and Professional Associations in your state:
- ACT – Innovation, Trade and Investment
- NSW – Business in New South Wales
- NT – Dept of Business
- QLD – Queensland Government Business and Industry Portal
- SA – Dept of State Development Industry and Business
- TAS – Business Tasmania
- VIC – Business Victoria
- WA – Small Business Development Corporation
Insurances
Do you need any or all of the following?
- Business Insurance
- Public Liability Insurance
- Product Liability Insurance
- Professional Indemnity Insurance
- Income Protection Insurance
- Directors and Officers Insurance
Fair Trade
- Australian Competition and Consumer Commission (ACCC)
- Business.gov.au – Fair Trading
- ACT – Office of Regulatory Services
- NSW – Dept of Fair Trading
- NT – Consumer Affairs
- QLD – Office of Fair Trading
- SA – Consumer and Business Services
- TAS – Consumer Affairs and Fair Trading
- VIC – Consumer Affairs Victoria
- WA – Consumer Protection
ASIC
Record Keeping and Accounting
Intellectual Property
Emergency Planning
Standards and Codes of Practice
Dispute Resolution
Business/General
Employees
- Fair Work – Effective Dispute Resolution
- Fair Work Commission – Resolving Issues Disputes and Dismissals
Employing Workers
Modern Awards, Entitlements, Allowances and the NES
Policies and Procedures and Staff Manual
Search web for examples or talk to Workforce Guardian
Business Victoria has some great templates
Keeping Employee Records
Equal Opportunity and Anti-Discrimination
Superannuation
Contractors vs Employees
- ATO – Common Myths
- ATO – Employee or Contractor
- ATO – Difference Between Employees and Contractors
- ATO – Employee or Contractor Decision Tool
- Business.gov.au – Independent Contractors
Occupational Health and Safety
- See also your state’s information on Workcover
Workcover
- ACT – Worksafe ACT NSW – WorkCover NSW NT – NTWorkSafe
- QLD – WorkCover Queensland
- SA – WorkCover SA
- TAS – WorkCover Tasmania
- VIC – Victorian WorkCover Authority
- WA – WorkCover WA
General Assistance
- Business Enterprise Centres Australia
- ATO – Webinars
- Business.gov.au – Starting your Business Checklist (PDF)
- Australian Small Business and Family Enterprise – Starting a Business
Privacy
Please let us know if you require advice or information on any of these areas, or other specialised areas; we are happy to assist.
© The Institute of Certified Bookkeepers
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