Posts tagged "STP"

Outgoing Australian Taxation Office commissioner Chris Jordan has reaffirmed the office's commitment to a fully digital tax system, asking taxpayers to imagine a potentially "BAS-free" future for small businesses.

The new financial year is a perfect opportunity to get into good habits so you can set your business up to flourish.

People management can cost you big time, with research finding small business owners spend up to a fifth of their working week on HR admin.

Whether you employ one person or one hundred people, you can download this eBook today to ensure you're paying your team in accordance with current legislation.

The only constant about tax is change. Here are some of the tax changes coming into play from July 1, 2020.

Business owners are being encouraged to manage their cashflow ahead of new laws putting a stop to the ATO being used as a 'de-facto bank'.

As the Morrison government looks to criminalise wage theft, 90% of organisations say their payroll managers find the current laws confusing.

Next month, the ATO will visit 400 businesses in inner-north Brisbane, which it said is “at risk” of becoming a black economy hotspot.

While software companies say STP is 'just the click of a button', there is so much more to it from a practical point of view.

On September 30, 2019, small businesses with 19 or fewer employees will be required by law to transition to single touch payroll.

Twelve days out from the end of the tax office’s grace period for STP reporting, about half of small employers required to adopt the scheme have signed up.

Assistant Treasurer Michael Sukkar wants the ATO to be more engaged with accountants and have less, but more positive, interaction with small business.