Which Income Type do you choose for Closely Held Payees?
As part of the set-up for STP Phase 2, employees must be labelled correctly as per a category of taxpayer (e.g. Regular, Actor, Senior or
Welcome to our bookkeeping blog! We share bookkeeping tips, software updates and the latest news from the ATO. Sometimes we get a bit cheeky and let you know what we really think about this industry, but we try to behave ourselves most of the time! Enjoy the read and if you’re looking for anything in particular, hit the search button above.
As part of the set-up for STP Phase 2, employees must be labelled correctly as per a category of taxpayer (e.g. Regular, Actor, Senior or
This excerpt is taken from the ATO website via this link. Have you taken on new employees? Did you know they can complete a TFN
STP Phase 2 is in full swing. It began on 1st January 2022 but various accounting software have not been ready until recently. This means many
There is a lot of information available to you if you just want to understand what a Taxable Payments Annual Report (TPAR) is and why
As well as the super guarantee increase to 10.5% on 1 July 2022, employers now need to factor in a wage increase. Read more below.
If you normally lodge a Taxable Payments Annual Report (TPAR) but have decided that this year, you don’t have anything to report, you can lodge
If your business has a tax debt of at least $100K and it is overdue by more than 90 days, chances are you will soon
In what may be just a political stunt given it’s an election year, the Victorian Government has announced that from March 2022, some casual workers
As you probably know by now, STP Phase 2 has begun. It began on 1st January 2022, with a deferred hard start date by the