Day: March 28, 2018

Tax

WHAT IS SINGLE TOUCH PAYROLL AND DO YOU NEED TO DO ANYTHING?

Single Touch Payroll (STP) is the direct reporting of salary and wages, PAYG withholding and superannuation contribution information to the ATO.  If you have more than 20 employees then you need to do something before 1 July 2018 – Yes, this year!

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Tax

TAX DEDUCTIONS IN DANGER

A recent Parliamentary Inquiry into Tax Deductions created some fairly sensational headlines about what and how deductions are being claimed – $22 billion worth to be exact. 

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