Small business clients need to be ready for STP by 30 September
The original deadline of 1-7-2019 has been extended. Read more about what every small business needs to do by then.
Reporting through Single Touch Payroll (STP) for small employers started on 1 July. Small businesses have until 30 September 2019 to take action. There are a range of resources available on the ATO website to help, click on the link below.
STP is mandatory for all small businesses.
SINGLE TOUCH PAYROLL (STP) and what do do before 30 September 2019.
The Australian Taxation Office
Latest Accounting News
How the gig economy could create hidden tax issues for contractors and employers
Workers and employers are benefiting from the burgeoning gig economy in which people work part-time or on a...
Salary sacrificing and the superannuation guarantee
Employers should take note of the new rules that became law on 28 October 2019, regarding the application of...
Why so much super “stuff” this year?
New rules mean that insurance coverage will be cancelled on “inactive” superannuation accounts from ...
Some elderly Australians are trapped asset rich, income poor. Whilst downsizing might be the smartest...
Impress your friends with your knowledge!!
Knowing this information is a 'must have' for this Christmas break. ...
Don’t forget sharing economy income
Money that you earn from “gig” jobs through platforms like Uber, Airtasker and Airbnb, such as...
Tax Office sounds warning on 8 types of super schemes
The Australian Taxation Office has earmarked a number of superannuation and SMSF schemes it says are under...
Some other important financial tidbits of interest
Besides our normal monthly articles here are some other important items that we would like to make you aware...
Synchronised global economic slowdown
The International Monetary Fund (IMF) grabbed headlines this month on releasing its latest World Economic...
STP to be increasingly monitored
The ATO’s “softly softly” approach to Single Touch Payroll will not last long, warns a tax expert, as...
6 new accounting related videos
Videos are a good way to learn more about a topic or show to others who my be new to financial...
What happens when interest rates hit the floor?
Amid challenges facing central banks in keeping the economy open for business, zero or negative benchmark...
