ATO announces changes to working from home deductions
From 1 July 2022 the ATO has revised the working from home deduction fixed rate to 67 cents per hour from the previous 52 cents and 80 cents per fixed rate methods. This fixed rate covers the following expenses that can’t be claimed separately. Telephone and internet expenses Electricity and gas cooling and lighting Stationery […]
Are you ready for Single Touch Payroll Phase 2 (STP2)?
The deadline is fast approaching! Employers need to ensure they are reporting under STP2 to remain compliant with the ATO. STP2 requires all employers to report additional payroll data each pay run. If you are using Xero to run your business, you have until 31 March 2023 to be compliant. We recommend that you commence […]
