JobKeeper scheme legislation achieves royal assent
The bills concerned (the Coronavirus Economic Response Package (Payments and Benefits) Bill […]
$10,000 grants to provide fast relief for NSW small businesses battling COVID-19
The NSW Government will […]
Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers
Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) […]
Action required: update on COVID-19 assistance for your business
It is going to be a very tough time for all of us business owners over the […]
When hiring workers, do you understand the difference between contractors and employees for tax and super purposes?
Understand […]
Information for employers
You then pay the sacrificed amount to your employee’s super fund on their behalf.
There may be benefits to both of you in that:
for your employee salary sacrificing is a tax-effective way of […]
STP deadline passes with an embarrassingly small percentage already compliant
While the initial deadline was 1 July 2019, the ATO provided a three month transition period for employers that needed more time.
SG amnesty idea re-surfaces, but with an extended period of application
The Treasury Laws Amendment (Recovering Unpaid Superannuation) Bill 2019, […]
Small businesses need to be ready for STP by 30 September
Your small business has until 30 September 2019 to take action. There is a range of resources available to help:
Introductory guide for small employers – to help small employers […]
Director penalty change strengthens SG rules
But there are also some tax obligations for PAYG withholding and superannuation guarantee charge payments, which are outlined under the ATO’s “director penalty […]