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Strategies to put an end to negative office gossip

Posted on September 23, 2018 by admin

Negative gossip in the office is something that is harmful both to your business and to the employees. Whether it encourages individuals to seek work in a less toxic environment, slows down productivity, creates friction between team members or morphs into a legal problem with accusations of bullying and harassment, it is something that managers should put a stop to as soon as possible.

Walk the walk
If you are a manager, employees look to your actions as what expectations of behaviour are in the workplace. If a manager is ever seen engaging in the behaviour, they prohibit this acts to encourage negative gossip as it is seen as acceptable.

Hold a team meeting
If there are issues throughout the team, it should be addressed as a staff issue. A meeting will allow members of staff to voice problems and come up with collaborative solutions to solve them.

Meet with the perpetrators
Having a one-on-one confidential discussion may solve the problem if bad behaviour is being exhibited by individual members of staff. If you assist the person in understanding the damage their actions cause and the potential consequences for their job, this puts the person on the path for creating new helpful habits in their interactions within the workplace.

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When do you have to pay tax on shares?

Posted on February 20, 2020 by admin

Investing in shares is a popular method of growing your wealth, however, there are tax obligations you need to be aware of to get an accurate sense of how much you’ll need to put aside for your investments.

When you own shares, you need to declare all your dividend income on your tax return. It is possible to claim tax deductions for certain expenses you pay to receive income from your shares. The deductions you are eligible for will depend on if you are carrying on a business of share trading or if you are an individual share investor, but they can include:

Individual share investors cannot claim a deduction for the cost of acquiring shares, such as costs for brokerage and stamp duty, however, they can claim deductions on the prepayment of expenses related to the shares such as internet fees or seminars.

Buying and selling shares can involve capital gains tax (CGT), depending on whether you make a capital gain or a capital loss on your shares. Your capital gains or loss is the difference between the price you paid for the shares and the price you sell them for. If you end up selling your shares for more than you paid for them, then you make a capital gain which may be taxed.

How much CGT you need to pay varies depending on:

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