While most businesses are already familiar with the Single Touch Payroll (STP) regime, small employers (19 or fewer employees) with closely held payees were exempt from reporting payroll information of […]
With real wages not tipped to grow for a while, there is still a way that you can make the most of your money by salary packaging or through salary […]
The data-matching programs just keep coming from the ATO this year, this time it will be focusing on data pertaining to the temporary early access to super due to COVID-19 […]
From 1 July 2021, the general pension transfer balance cap will increase from $1.6m to $1.7m due to indexation. If you’re thinking of retiring and have a large amount in […]
With insecure, contract and casual work becoming increasing common particularly in the current COVID-19 affected economy. It is no surprise that many young and not so young Australians may have […]
With the end of February fast approaching, trustees of some Self-Managed Superannuation Funds (SMSFs) will have less than one month to lodge their SMSF annual return (SAR). This year, the […]
While the motor vehicle registries data-matching program has been running for around 16 years in various iterations, particular care should be taken for the current motor registries program as many […]
With the other government COVID-19 economic supports such as the JobKeeper and JobSeeker winding down in the next few months, businesses that are seeking to employ additional workers but need […]
Tax planning or tax avoidance? Do you know the difference? While tax planning is a legitimate and legal way to arrange your financial affairs to keep your tax to a […]
During these challenging economic times, many small businesses are still in the recovery phase where every dollar counts, the last thing these businesses need is to be paying more tax […]