Superannuation Guarantee due dates With the final quarterly Superannuation Guarantee (SG) payment for the year coming up, it’s a good time to review your obligations as an employer. SG payments must be received into the employees’ funds by the due date. Quarter 1 | July – September | October 28thQuarter 2 | October – December […]
Category Archives: Tax
22
Jun
Jun
Employers are required to do the STP finalisation declaration by the 14th of July. It’s important to meet this deadline to ensure your employees can access their Income Statements to complete their income tax returns.
31
May
May
The end of the year can be a hectic and stressful time for business owners. It’s important to take a moment to breathe and focus on managing the workload effectively. Here are some tips to help you stay calm, make a plan, and meet compliance deadlines: Prioritise tasks Start by identifying the most important and […]
05
May
May
Learn about TPAR and if it’s applicable to your business What is TPAR? TPAR reporting was developed by the Australian Taxation Office to prevent contractors from either not reporting or underreporting their income. Businesses and government entities who make payments to contractors may need to report these payments and lodge a Taxable payments annual report (TPAR) to […]
22
Sep
Sep
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 […]
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 […]
