What the ATO is doing to support small businesses
On 17 October 2019, Second Commissioner, Andrew Mills, addressed the Tax Institute’s 2019 Tasmanian State Convention outlining what the ATO … Read More
Have you missed the STP start date?
Small employers had until 30 September to start reporting through Single Touch Payroll (STP). There are 3 options if you … Read More
Get your PAYG withholding obligations right
All businesses, including not-for-profits, are now required to meet their PAYG withholding obligations before they can claim deductions for payments … Read More
Withholding for employee shares
Does your company have an employee share scheme (ESS)? If it does, you will have withholding obligations. When does withholding … Read More
Are you changing your business structure?
If you are changing your business structure (eg from a sole trader to a company), you will need to apply … Read More
Working out if you have to pay super
An ATO factsheet provides a useful reminder about when you have to make contributions under the superannuation guarantee (SG) scheme. … Read More
Superannuation guarantee amnesty a step closer
The proposed amnesty allowing employers to self-correct superannuation guarantee (SG) non-compliance has been reactivated. What does this mean for employers? … Read More
Disclosure of business tax debts
The ATO can now disclose tax debt information of businesses to registered credit reporting bureaus (CRBs), but only if certain … Read More
Are you holding vacant land?
If you are holding vacant land, the law changed from 1 July 2019 so that any expenses you have relating … Read More
The end of $10,000 + cash transactions
You may have read about a proposal to ban cash transactions in excess of $10,000. Well, that is a step … Read More
7 tips to stay smart online and avoid cybercrime
As part of Stay Smart Online week (in early October), the ATO published some useful tips about improving online safety. … Read More
