Those of you whom employ staff need to be ready for Single Touch Payroll (STP) Phase 2 reporting, which starts from 1 January 2022. New guidelines explaining the changes and what they mean for employers are now available. STP Phase 2 reporting means changes to the way employers report: amounts paid to staff – items such […]
Running a business can be stressful at times and may bring with it mental health challenges. Add the additional stresses bought about from the COVID-19 pandemic and the stress levels may be exasperated. Learning how to create a mentally safe workplace is an important priority for business owners both for their own mental health, and […]
06
Aug
Aug
The day-to-day pressures of running a business can be stressful at the best of times but business owners around Australia now have to cope with the additional pressures bought about by the COVID-19 pandemic. Too much stress can lead to ill health physically, emotionally and mentally. Maintaining good mental health is something that all business […]
26
May
May
The expansion of STP also referred to as STP Phase 2 (Single Touch Payroll) will be mandatory January 1st 2022. So what does this mean for employers? In short, there’s not a lot that needs to be done right now. The ATO are working with software providers who will update their STP-enabled software to comply […]
From July 1st 2021 superannuation guarantee increases to 10%. This will be followed by incremental half percentage point increases each year to 12 per cent on 1 July 2025. Employers need to be aware and start planning immediately. This change will impact their employee remuneration arrangements from 1 July 2021 and there will need to […]
25
May
May
Year end is looming. Be prepared as you can to avoid the year end blues.
