Single Touch Payroll Phase 2
Single Touch Payroll (STP) is the way you report your employees’ tax and super information to the ATO. Single Touch Payroll (STP) is part of the government’s commitment to streamlining employer reporting obligations. STP was legislated on 16 September 2016 as part of the Budget Savings (Omnibus) Act 2016External Link. The mandatory start date for STP Phase 2 […]
Client Alert – July 2022
Tax Time 2022: businesses get ready As the end of another tax year approaches, the ATO is reminding businesses that it is time to: see if there are tax-deductible items the business needs before 30 June; check if there are any concessions the business can access before 30 June – for example, the small business […]
Client Alert – June 2022
What’s next on the agenda for the government? With the election campaign finally over and a new government sworn in, many Australians will be wondering what a Labor government is likely to tackle over the next term. A helpful starting point is Labor’s election promises, which provide a useful indication of possible areas that will […]
Client Alert – April 2022
Support for flood-ravaged areas The recent devastating flooding in South East Queensland and parts of New South Wales has left many people homeless, caused vast amounts of property damage and has sadly led to loss of life. While the clean-up effort continues in many areas, there is some immediate financial help available for those affected, […]
Superannuation and Financial Planning
Need More Money In Retirement? Retirees that own their own home and need more money in retirement are now able to access the Home Equity Access Scheme run through Services Australia. The scheme was previously known as the Pensions Loans Scheme but along with a new name, the fortnightly interest rate has been lowered to […]