What’s new Live reporting through Single Touch Payroll Single touch payroll (STP) reporting has changed the way businesses report salary and wages, PAYG withholding and superannuation contribution information to the ATO. For the 2018-19 financial year, only businesses with 20 or more employees were required to use STP. From 1 July 2019, all businesses will…
Day: June 11, 2019
Tax Time & Your Business
This tax time, the ATO has stated they are looking closely at taxpayers: setting up or changing to a company structure claiming motor vehicle expenses who may not be correctly apportioning between personal and business use There are a multitude of data-matching programs and benchmarks to catch out those attempting to rort the system. For…