This expansion of STP reduces the reporting burden for employers who need to report information about their employees to multiple government agencies and supports […]
Employers should be reporting through Single Touch Payroll (STP) unless they only have closely held payees, or they are covered by a deferral […]
Going online is a great opportunity for small businesses. It can help expand your offering and grow your customer base (including international reach). However, setting […]
As a result, JKPs would now be made over two separate extension periods, being:
Extension period 1 – which covers […]
business providing building and construction services cleaning services for contractor payments from 1 July 2018 (first report due by 28 August 2019) courier services for contractor payments from 1 July 2018 (first report due by 28 August 2019) […]
The payment rate will be reduced and a lower payment rate will be introduced for those who work fewer hours. Other eligibility rules […]
Business tax changes for a new financial year
From 1 July 2019, if taxpayers don’t meet their PAYG withholding and reporting obligations to the ATO, they will not be able to claim a tax deduction for payments:
of salary, wages, commissions, bonuses or allowances to […]
There’s a lot of talk about data and how it will change the way we do business
Others are spending money on pricey systems in the hope of utilising data. Results appear to be mixed. As accountants, we have had […]
ATO’s small business benchmarks and stock for private use
Including this amount may help prevent your […]
The Importance of Categorising Your Customers
You probably heard the phrase the customer is always right, well maybe that’s not quite right.
Perhaps it should be rephrased and what we should be thinking about here is, the RIGHT customer, is always right.
There’s a subtle difference […]