Single Touch Payroll (STP)
Single Touch Payroll is the new compulsory real time reporting system for your employees’ wages and salaries, commencing 01 July 2019. Under the STP system your payroll process is required to be electronically sent to the ATO, whether it is completed weekly, fortnightly or monthly. Employers with less than 4 employees will have lodgement concessions […]
2019-2020 Federal Budget
The 2019 Federal Budget has been handed down and it is an interesting situation we find ourselves in. With a Federal Election pending it would appear that Scott Morrison and Josh Frydenberg’s first budget is one to go to an election with. The key measures announced being: Tax cuts focusing on low and middle income earners […]
