From 1 July 2019, Single Touch Payroll (STP) reporting will become mandatory for all employers. Small businesses (ie those with fewer than 20 employees) have previously been exempt, but will now…
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ATO Posts
$130 billion lifeline for businesses to keep workers
In the third and largest economic stimulus package the Federal Government has announced a JobKeeper Payment to help eligible employers retain their staff during the Coronavirus crisis.
Read moreCoronavirus: Govt announces $17.6bn stimulus package
Coronavirus: Govt announces $17.6bn stimulus package; cash payments for business; instant asset write-off increased to $150k; $750 for pensioners
Read morePhoenixing in ashes: new law targets accountants
A new law to stop companies transferring assets to avoid their liabilities could also have serious impacts for their advisers, with new civil penalties set to be imposed.
Read moreShining a light on your professional obligations
Against the backdrop of seismic changes from the Hayne Royal Commission and recent practitioner audits and investigations, Thomson Reuters recently brought the major regulators together at a live webinar to…
Read moreWhy documentation is vital with ATO audits
Smart, cohesive technology has triggered an increase in ATO tax audits in the past 12 months. Organised and accurate documentation is key to being prepared should an audit be requested.
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