Pay summaries out the window: ATO moves to quell confusion amid payroll changes Tax Matthew Elmas 28 June 2019 Pay summaries are being phased out with the introduction of Single Touch Payroll, and the ATO is taking a proactive approach.
‘What’s STP?’: Digital laggards still unprepared for payroll change, unaware they can defer Tax Matthew Elmas 27 June 2019 New research shows many micro employers are still not prepared for Single Touch Payroll, with most unaware they can apply for a deferral.
ATO single touch payroll wizard resigns less than three months from hard reporting deadline Single Touch Payroll Matthew Elmas 14 June 2019 The ATO has lost its single touch payroll program lead just months from the reporting deadline for hundreds of thousands of small businesses.
“Long way to go”: ATO ramps up single touch payroll campaign as soft deadline looms Tax Matthew Elmas 3 June 2019 With the election in the rearview mirror, the ATO is ramping up its single touch payroll campaign ahead of the EOFY soft reporting deadline.
What does a Coalition government mean for small business? Politics Matthew Elmas 20 May 2019 The Coalition has been returned to government and work is already underway to flesh out the state of play in small-business policy.
“Alarming”: 70% of micro-businesses haven’t heard of single touch payroll as deadline looms Single Touch Payroll Matthew Elmas 16 April 2019 New survey data has sparked new concern about the implementation of single touch payroll reporting for micro-businesses as a soft deadline approaches.
ATO negotiates with big banks on single touch payroll solution as more than 300,000 SMEs lag behind Single Touch Payroll Matthew Elmas 14 February 2019 The ATO is negotiating with the major banks on a possible STP solution within online banking as it faces over 300,000 firms with no digital payroll.
Tax agents to spend “50% less time” on the phone to the ATO with new online portal Tax Matthew Elmas 21 January 2019 Tax agents are eagerly awaiting the rollout of a new online portal for ATO services which they say will allow them to deliver a better service.
Five tax tips for businesses looking to get ahead of the curve in 2019 Tax Matthew Elmas 14 January 2019 The end of the financial year is only six months away and now is the time to start thinking about what tax time might look like for your business.
MYOB deal uncertain after suitor cuts the price Mergers and Acquisitions Matthew Elmas 21 December 2018 A multi-billion dollar takeover offer for MYOB does not have the support of the company's board after the suitor cut the price.
Billion-dollar but tax-free: Are SMEs paying more tax than Australia’s biggest businesses? Tax Matthew Elmas 14 December 2018 The ATO has released some numbers on the amount of company tax Australia's largest companies paid in 2016-17, sparking a conversation about how SMEs fare.
“Biggest compliance undertaking since GST”: Everything you need to know about the new single touch payroll laws Single Touch Payroll Matthew Elmas 7 December 2018 Explainer: Single Touch Payroll laws are being extended to businesses with less than 19 workers. Here's what you need to know about the changes.
