Expansion of Single Touch Payroll

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Employers to report additional information through STP on or before each payday.

In the 2019-20 Budget it was announced that the data collected through Single Touch Payroll (STP) will be expanded.

This expansion of STP reduces the reporting burden for employers who need to report information about their employees to multiple government agencies and supports […]

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Changes to STP reporting from 1 July

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This may affect how you report to the Tax Office

There are changes to STP reporting for small employers with closely held payees and quarterly reporting for micro employers from 1 July 2021.

Employers should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral […]

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Salisbury JobKeeper extension services

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JobKeeper 3.0 enrolments start 29 September

On 21 July 2020, the Government announced that the JobKeeper Payment would be extended until 28 March 2021, for a further six months beyond its original end date of 27 September 2020.

As a result, JobKeeper would now be made over two separate extension periods, being:

Extension Period […]

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JobKeeper 3.0

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JobKeeper extension

On 21 July 2020, the Government announced that the JobKeeper Payment (‘JKP’) would be extended until 28 March 2021 (i.e., for a further six months beyond its original end date of 27 September 2020).

As a result, JKPs would now be made over two separate extension periods, being:

Extension period 1 – which covers […]

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SG amnesty ends 7 September 2020

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Time running out for employers to apply for superannuation guarantee (SG) amnesty

Catch up on past unpaid super without incurring a penalty or paying administration fees.

The ATO is encouraging employers to apply for the amnesty and make payments as early as they can. Any amnesty amounts paid before 7 September 2020 are tax-deductible.

For […]

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Extension of the JobKeeper Payment

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The Government is extending the JobKeeper Payment by a further six months to March 2021

Support will be targeted to businesses and not-for-profits that continue to be significantly impacted by the Coronavirus. 

The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules […]

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Small business employers of apprentices to get stimulus package

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Small businesses who employ less than 20 people will receive up to $7,000 per quarter for three quarters to keep their apprentices

This payment is a stimulus payment as a result of an expected national economic downturn in the first half of 2020.

It is expected that these payments will be received via the Australian […]

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JobKeeper Enrolments start Monday 20 April

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JobKeeper support services from Salisbury Accountants

There has been a lot of talk around the JobKeeper payment and at last we have a few more specific details.

Enrolments start on Monday and will be open for two weeks for the first payment period.

There is a step-by-step process to follow for this scheme which we […]

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Coronavirus Jobkeeper Payment

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Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers

The Government has announced a $130 billion JobKeeper payment to help keep more Australians in jobs and support businesses affected by the significant economic impact caused by the Coronavirus.

Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) […]

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Superannuation guarantee amnesty

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Superannuation guarantee amnesty bill passed by Parliament

The superannuation guarantee amnesty bill passed Parliament on 24 February and has now received Royal Assent and is law.

This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March […]

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