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There are a lot of changes in the wind that small businesses need to know about in 2020 to stay on the right side of the tax man. Small changes around taxation, reporting and invoicing can have a big impact on the way you run your business, so it’s crucial you get the...
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...
From 1 July 2019, the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO will apply to all employers. What employers need to report will also be extended to include certain salary sacrificed amounts. Single...