by Tommy | 5 Oct 2021 | Payroll-Updates, Small Business Tips
The expanded Single Touch Payroll (STP) Phase 2 is due to start on 1 January 2022. However, the ATO has just announced that there will be some flexibility with the reporting start date being allowed up to 1 March 2022 if the business is not ready by 1 January.... 
by Tommy | 2 Sep 2021 | Payroll-Updates, Tax Updates
Many people new to running a business and employing people are unsure about the difference between PAYGI and PAYGW. They are not the same thing! PAYG stands for ‘pay as you go’. This is the means the ATO uses to obtain tax payments from both employees and business... 
by Tommy | 14 Jul 2021 | Payroll-Updates, Tax Updates
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...
