Reminder about potential FBT implications for celebrating with employees this festive season. FBT obligations depend on the amount spent, when and where a party takes place, who attends and the value and type of gifts given.
The Assistant Treasurer and Minister for Housing announced the proposed Superannuation Guarantee Amnesty and re-introduced the associated legislation into Parliament.
Join the ATO to learn about tax for small business at free face to face tax workshops in Gatton run by ATO staff in September.
After a staggered rollout, Single Touch Payroll now requires all employers to transfer their payroll transaction data to the Tax Office each time employees are paid. Is your payroll geared to handle new reporting requirements?
The Minimum Wage Panel on 30 May 2019 handed down its minimum wage decision for 2019. From the first pay period commencing on or after 1 July 2019, the National Minimum Wage will increase to $740.80 per week, or $19.49 per hour.
From 1 July this year, Single Touch Payroll (STP) will apply to all employers in Australia. Following months of development by Xero, they’ve announced the launch of Payroll Only plan to assist small businesses with STP. See if it can help you.
Employers are increasingly being subjected to a rolling series of audits by the ATO when they slip behind on their SG obligations, as the Tax Office has now taken a harder line on non-compliance.
Single Touch Payroll is mandatory for employers with 20+ staff from 1 July 2018, and will be mandatory for all employers 1 July 2019. Read how to get ready.
Statement from Tax Commissioner Chris Jordan about transition to Single Touch Payroll for small employers Parliament has now passed legislation to extend Single Touch Payroll (STP) reporting to include all small employers (those with fewer than 20 employees) from 1 July 2019. STP is pay day reporting… Read More >>
From 29 Jan the ATO will write to small employers with <19 employees that already use payroll software. You will be told about Single Touch Payroll (STP), and reminded that you don’t need to wait for legislation to pass to start reporting through STP. If… Read More >>