Considering all of the different taxes and obligations that employers have these days, it can be tough to keep up and remain compliant. But with recent changes to legislation, Payroll Tax is now back at the top of the agenda with business owners. The increase to the annual wages payable threshold means some businesses, fromread more
As software and information technology continues to advance quickly, particularly in the business world, it can be overwhelming – and when legislation forces you to dive in head first, this is only enhanced. With the Australian Taxation Office (ATO) making Single Touch Payroll (STP) reporting mandatory as of 1 July 2019 for all employers, businessread more
Businesses who take on employees often find the process exciting – a new starter can bring about new ideas, a better approach to the job, greater efficiency, and even a more manageable workload for the owner. But before you dive in head first and integrate a new employee, it’s important to have everything set upread more
The introduction of Single Touch Payroll (STP) by the government was designed originally to serve as a streamlined way for employers to report employee’s wage payments and superannuation contributions to the Australian Taxation Office (ATO). Originally, employers of 20 or more employees were the first to be required to report under STP, followed by thoseread more
Now that Parliament has passed legislation to extend the operation of Single Touch Payroll (STP), making it mandatory for all businesses (including micro employers, 1-4 employees) from 1 July 2019, there is no longer any doubt that every Australian business needs to be ready. From your accounting software to organising your employees’ information, there areread more
Cloud technology – we’ve all heard of it by now. From software programs like Dropbox and Google Drive, to critical data backup tools, the business world has embraced off-site storage in the cloud in nearly every function possible. That being said, there is still a large proportion of businesses who are yet to move theirread more
As the world moves more and more online, businesses must keep up with the pace. Accounting and bookkeeping is no different, and it’s as important as ever to be able to look after your business in one place, with access for the people who need it, and secure data at all times. Many business ownersread more
As we’ve covered a few times over the past year, Single Touch Payroll (STP) is well and truly upon us. For employers with 20 or more employees as at 1 April 2018, STP must be implemented; while employers with 19 or fewer employees at 1 April 2018 can opt in at any time between nowread more
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