How the ATO is getting debt payments straight from SME bank accounts, The revolution changing retail, What bosses must watch at the Xmas party

home | contact us | advertise Dear SmartCompany reader, Today on SmartCompany we look at the taxman’s growing use of garnishee orders to take debt repayments directly from an SME’s bank account, look at the Government’s new superannuation reforms, and provide employers with a list of things to watch out for at the Christmas party. Plus in Entrepreneur Watch, James Thomson looks at Facebook founder Mark Zuckerberg’s double award celebrations. For all this and more, head to our home page. News Taxman using garnishee orders to get debt repayments straight from SME bank accounts Booze, s-x and social media – what employers need to watch at the Christmas party Government unveils super reforms, backs push for low-cost super option called MySuper DIY super industry welcomes limited changes in Government’s super reform package Telstra losses appeal on copyright claim against directory company Twitter now valued at $US3.7 billion after $US200 million investment ACCC approves Virgin Blue-Air New Zealand alliance: Economy Roundup New NBN plan to deliver more competition, report claims Domenic Carosa’s Future Capital takes stake in two online start-ups While Wayne Swan pushes to increase credit, the RBA and economists push the other way: Bartholomeusz Top Story The retail revolution Savvy consumers, interest rate rises, a strong Aussie dollar and rampant discounting... Welcome to the Christmas from hell for Australia's retailers. BY JAMES THOMSON. Tax Update Making gifts to charities – beware of tax scams Making charitable gifts is a very worthwhile thing to do. But beware the scheme that "pushes the envelope" in terms of complying with the tax law. BY TERRY HAYES. Aunty B I'm being bullied by the shop next door. Help! Forget intervention orders or lawyers. Your best weapon at this point is being nice and getting the hell away from them as soon as possible. Trends Facebook releases top status trends of 2010 Murdoch’s Daily iPad magazine delayed until 2011 Gmail co-creator trashes Chrome Facebook Know-how Lara Solomon Is there an easy way to disconnect my personal Facebook profile from my business page? The answer to this question depends on how you set up your Facebook page to start with. IT Systems David Markus We are being told cloud is cheaper but what about its environmental impact – are the clouds green? It would seem that cloud computing is the natural way to go for the sake of nature. The Digital Bottom Line Brendan Lewis Drawing financial reports In a multi-jurisdiction environment, issues around accounting policies and taxation can cloud understanding of basic operations. Gen-Y Millionaire Kirsty Dunphey Baby-faced, inexperienced or too young to know better? Instead of asking yourself whether you're the right age to be doing something, how about just asking yourself if your idea is good enough? Entrepreneur Watch James Thomson Facebook’s awards night Mark Zuckerberg will no doubt celebrate his naming as Time's person of the year. But is there another award he will be happier about? Coming Up The story behind Problogger Darren Rowse’s business success. Best wishes, Amanda Gome Founder / Publisher SmartCompany.com.au The people who are not complaining now are the ones who don't see the new retail world as being painful. They relish it. They build it into their business models. Kevin Moore Click here for more. FOLLOW US OUR PARTNERS UPCOMING EVENTS

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