Payroll

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9 05, 2019

Understanding Single Touch Payroll

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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

28 06, 2018

Understanding Single Touch Payroll “STP”

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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

25 06, 2014

PAYG withholding Payment Summaries and Annual Reports

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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business withheld amounts from: payments to employees, such as salary and wages; payments to supplier businesses that do not quote an ABN; interest, dividend and

9 04, 2014

SuperStream – Changes for business owners

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From 1 July 2014, medium and large businesses (those with 20 or more employees) will be required to start making superannuation contributions using the new data & payment standard SuperStream. Employers with 19 or fewer employees will need to make contributions under the standard from 1 July 2015.