With most tax professionals now returning to work after the holiday break, this is the ideal time to do a stocktake of the status of recent tax, superannuation and related Bills which may affect tax practitioners and their clients in 2021. This article...
Single Touch Payroll articles.
STP myth-busting
Jun 19, 2019 | Single Touch Payroll, News
Starting to report through STP We are now at the pointy end of implementing STP reporting which has applied to substantial employers (20 or more employees as at 1 April 2018) since 1 July 2018 but has been expanded to include small employers (19 or...
It’s happening! Single Touch Payroll reporting for small employers
Mar 29, 2019 | Single Touch Payroll
Background On 1 July 2018, STP reporting was introduced for substantial employers (20 or more employees as at 1 April 2018). Under STP reporting, an employer reports information on their salaries and wages, PAYG withholding and superannuation to the...
Single Touch Payroll: It’s happening! (Upcoming webinar)
Mar 1, 2019 | Single Touch Payroll
Background On 1 July 2018, STP reporting was introduced for substantial employers (20 or more employees as at 1 April 2018). Under STP reporting, an employer reports information on their salaries and wages, PAYG withholding and superannuation to the ATO in...
New annual registered agent authorisations for Single Touch Payroll
Oct 9, 2018 | News, Single Touch Payroll
The Single Touch Payroll (STP) reporting regime commenced on 1 July 2018 for ‘substantial employers’ (businesses with at least 20 employees). Since 1 July 2018, many registered tax and BAS agents have been assisting their clients by lodging STP...
Unenacted Tax Measures at 30 June 2018: Bills Wrap Up
Jul 6, 2018 | News, Parliament, Single Touch Payroll, Superannuation
In wrapping up the Autumn session of Parliamentary sittings, the Senate adjourned at 8.17 pm on Thursday 28 June 2018 until Monday 13 August 2018. At the close of Parliament, surprisingly and disappointingly, the backlog of highly anticipated tax bills was...
Prepare now for Single Touch Payroll
May 9, 2018 | Federal Budget, News, Single Touch Payroll
On 1 July 2018 Single Touch Payroll (STP) will commence for 'substantial employers' which had at least 20 employees on 1 April 2018. This article contains some practical action points to take between now and 30 June 2018 so that your clients'...
Single Touch Payroll [Infographic]
Dec 20, 2017 | News, Single Touch Payroll
The Government has proposed to extend mandatory Single Touch Payroll (STP) reporting to small employers (fewer than 20 employees) from 1 July 2019. In early 2017, the ATO conducted a pilot program, which tested how STP impacts small employers. This...
Are clients ready for Single Touch Payroll?
Dec 20, 2017 | News, Single Touch Payroll
The ATO’s ‘Single Touch Payroll’ (STP) initiative will start on 1 July 2018 for many employers — but businesses and their advisers cannot be complacent until then. The next six months is a crucial time for ‘substantial employers’ (≥ 20 employees) to understand how STP...
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