6 Final reminders of how to reduce tax for 2020
As a business owner, there are many obligations that you need to consider and action just before and after 30 June.
Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. […]
Federal Government offers $130b in coronavirus wage subsidies for businesses to pay workers
Around 6 million workers will receive a fortnightly payment of $1,500 (before tax) […]
If you missed the 30 September Single Touch Payroll reporting date, it’s not too late!
If you already use accounting or payroll software, you need to check whether it offers STP reporting. If it does, you need to […]
STP deadline passes with an embarrassingly small percentage already compliant
While the initial deadline was 1 July 2019, the ATO provided a three month transition period for employers that needed more time.
Small businesses need to be ready for STP by 30 September
Your small business has until 30 September 2019 to take action. There is a range of resources available to help:
Introductory guide for small employers – to help small employers […]
Big Tax Changes: No tax deductions if you don’t meet your tax obligations
This may happen if you:
Don’t lodge your BAS on time; or Don’t lodge your payroll each week using Single Touch Payroll […]
EOFY reminders – annual tax returns
Some of these will help to minimise your tax. Others will reduce your exposure to an ATO tax audit. We have […]