Jul 18, 2019 | Accounting, Taxation
The ATO is airing the ‘dirty laundry’ on work-related clothing and laundry expenses warning that it is closely reviewing claims. Have our laundry expenses been hung out to dry? “Last year around 6 million people claimed work-related clothing and laundry expenses, with...
Jul 17, 2019 | Accounting, Business
The ATO has provided a concession from single touch payroll for payments by small employers to closely held payees. The single touch payroll exemption for directors and family members is outlined as follows. Single touch payroll (STP) was extended to cover all...
Jul 17, 2019 | Accounting
From 1 July 2019, new laws prevent superannuation funds from eroding member balances with unwanted or unnecessary insurance and exit fees. Plus, inactive accounts with low balances will be moved to the ATO to try and unite the unclaimed super with its owner. These...
