STP Reporting for Closely Held Payees

STP Reporting for Closely Held Payees

Small employers with 19 or fewer employees didn’t have to report amounts paid to closely held payees until 30th June 2021. Now since the 1st of July 2021, closely held payees are no longer exempt from Single Touch Payroll (STP) reporting. If a business pays...
Australian Federal Budget 2021

Australian Federal Budget 2021

The Federal Treasurer announced the budget for 2022 last night, some say it’s a boring budget with very few changes or surprises. It probably is and it demonstrates that the Government is feeling positive about the way the economy is improving. They would like...
JobKeeper payments, how do you claim it as a business?

JobKeeper payments, how do you claim it as a business?

What is JobKeeper It is a monthly reimbursement payment made to businesses by the ATO to subsidise wages amount paid. Under this scheme, eligible businesses will receive $1,500 per fortnight for each eligible employee. It is quite a significant amount and will be paid...