by Tommy | 14 Jul 2021 | Payroll, Tax
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... 
by Tommy | 15 Jun 2021 | Uncategorized
With the 2021 financial year coming to a close, time is running out for small business owners. As a result, a lot of Accountants are rushing to implement tax planning strategies for their clients before the 30th of June approaches. 3 Ways to Save – Tax Planning... 
by Tommy | 12 May 2021 | Federal Budget, Tax
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... 
by admin | 3 May 2020 | Coronavirus
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... 
by admin | 19 Mar 2020 | Coronavirus
The government just announced a 17.6 billion package to support the economy as it deals with the wide-ranging impacts of the Coronavirus. What are some of the proactive things we can do as business owners, other than to remain calm, to protect staff and the business.... 
