Starting 1 July 2019, changes have been implemented to the way employers report tax and superannuation payments to the Australian Taxation Office (ATO). This reporting change is called Single Touch Payroll (STP).
Here’s a video of Grace and Cuby discussing the digital transition and how Ashfords can help. Click here for more details on Single Touch Payroll. #STP #singletouchpayroll
From 1st July 2019, Single Touch Payroll (STP) will apply to all employers regardless of the number of employees they have on payroll. STP was previously introduced by the ATO from 1st July 2018 for businesses with 20 or more employees, however new recent legislation has now extended the requirement to apply to all employers
Single Touch Payroll (STP) is being introduced by the ATO from 1st July 2018 for businesses with 20 or more employees (per head count on 1 April 2018). The introduction date for those employers with 19 or less employees is extended by 12 months to 1 July 2019. Instead of reporting payroll at end of year
The larger your business gets, the more challenging it becomes to handle payroll matters efficiently. Do you still have a system that works?
It's hard to know when you need help. To make sure you get assistance when you need it here are three instances when an accountant can help your business.
If you have 19 or fewer employees, you have until June 30, 2016, to start using SuperStream. Here's what small businesses in Dingley need to know.
At the end of each financial year you may need to lodge PAYG withholding annual reports with the Australian Taxation Office (ATO). You need to lodge a report if your business withheld amounts from: payments to employees, such as salary and wages; payments to supplier businesses that do not quote an ABN; interest, dividend and