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April ATO deadlines

April ATO deadlines

13 March 2019 BAS and super and PAYG – oh my! It’s all happening as we round out quarter 3 of the 2018-2019 financial year – make sure you note the ATO deadlines. Make sure you’ve got all your ATO ducks in a row to maintain a year of smooth...
Everything you need to know about Single Touch Payroll

Everything you need to know about Single Touch Payroll

11 March 2019 From 1 July 2019, single touch payroll – the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO – will apply to all employers. What employers need to report will also be extended to include...
Tax laws and the upcoming election

Tax laws and the upcoming election

20 February 2019 There are a huge number of tax laws that may change this year as a result of the upcoming 2019 Federal Election. Individuals could be affected by: Losing franking credit refunds to their Self-Managed Super Funds and to themselvesPaying higher capital...
STP will be mandatory for all Australian businesses by 1 July

STP will be mandatory for all Australian businesses by 1 July

18 February 2019 Australian businesses who employ 19 or fewer employees will have until 1 July 2019 to get ready for mandatory Single Touch Payroll (STP) reporting. The requirement is already in place for businesses who employ 20 or more staff, which became mandatory...
Small business asset scheme extended again

Small business asset scheme extended again

30 January 2019 The small business asset write-off scheme is set to be extended for another 12 months, stretching the deadline to June 2020. The Sydney Morning Herald reported that Prime Minister Scott Morrison announced the extension along with a $5000 increase on...
Free ATO workshops for small businesses

Free ATO workshops for small businesses

23 January 2019 The ATO is offering free workshops for small businesses in Perth. The workshops will be running from now until June and cover topics such as Single Touch Payroll, Record Keeping, Employee Essentials and Tax Essentials. Sessions will be held in a wide...