Payday Super is a change to how you calculate and when you pay your employees’ super guarantee. From 1 July 2026 employers will need to pay employees their super guarantee on payday, at the same time as their salary and wages. Super guarantee is: • calculated as 12% of qualifying earnings (QE), which is a […]
Don’t forget you need to log into the ATO portal to complete the reporting by 14th June.
The 30 September deadline for small businesses with 19 or less employees to become single touch payroll compliant is now just two weeks away. According to the ATO, there are 350,000 small businesses now reporting under STP, or just under 50 per cent of the estimated 750,000 small business population. The ATO Assistant Commissioner said […]
Small employers with 19 or less employees – need to report through STP any time before 30 September 2019. The ATO will be contacting all employers over the next few weeks to ensure they register. Not sure what to do? Phone Maurie on 0418 573 667
All employers will now be required to submit their payroll and Super data each Payrun come 1 Jul 19. If you don’t have a payroll system, we can help you with this from around $10 per month. Call Maurie on 0418573667.
If you are in the building and construction industry, and have paid contractors for building and construction services in 2017–18, your Taxable payments annual report (TPAR) is due by 28 August 2018. Pls contact Maurie on 0418573667 for assistance in completing and filing this if needed.
The Australian Taxation Office (ATO) has introduced a new system, Single Touch Payroll (STP), that may impact your business payroll reporting from 1 July 2018. If you have more than 20 employees as of 31 Mar 18, you will need to commence on 1 Jul 18. For further info pls contact Maurie on 0418573667.
From Jul 17 small business clients with a GST turnover of less than $10 million can now use Simpler BAS and they only need to report: G1 Total Sales 1A GST on Sales 1B GST on Purchases Simpler BAS is not available for clients with a GST turnover of $10 million or more. For […]
The ATO is reducing the amount of information needed for the business activity statement (BAS) to simplify GST reporting. From 1 July 2017, Simpler BAS will be the default GST reporting method for small businesses with a GST turnover of less than $10 million. They will only need to report: Total sales GST on sales GST […]
From 1 July 2017, small businesses will only be required to report: GST collected (1A) GST entitled to be claimed (1B) Total sales (G1). Stay tuned for more information. Note this does not change your Bas amounts paid or refunded.
