Simone Lawler

About: Simone Lawler

Recent Posts by Simone Lawler

PAYROLL TAX CUTS FOR REGIONAL VICTORIAN BUSINESSES

In the 2017/18 Federal Budget the Government announced cuts to Payroll Tax for Regional Victorian Businesses. From 1 July 2017 Regional Victorian business may now qualify for a 25% cut in their payroll tax. Employers that pay at least 85% of their Victorian wages to employees working mainly in regional areas will be eligible for […]

SIMPLER BAS FOR SMALL BUSINESSES

From 1st July 2017, GST reporting on Business Activity Statement will become easier with Simpler BAS. All small businesses with an annual GST turnover of less than $10 million will be automatically moved to Simpler BAS. If your annual GST turnover is $10 million or more, your reporting requirements will remain the same. If you qualify […]

FEDERAL BUDGET 2017-18 – What it means for you

The 2017-18 Federal Budget was handed down by the Treasurer on Tuesday 9 May 2017. Highlights include: Notwithstanding speculation to the contrary, the Temporary Budget Repair Levy (levied at two percent of taxable income in excess of $180,000) will cease on 30 June this year as planned. The $20,000 immediate write-off for small businesses is being extended […]

TFN Declaration forms can now be downloaded

TFN Declarations can now be downloaded and printed from the ATO website.  Alternatively, employees can download the form, fill it in on screen and print it off. Make sure you have taken a copy for your records. The Original copy needs to be sent the ATO address on the form within 14 day. For more information or to […]

SUPERSTREAM DEADLINE – 28 OCTOBER 2016

SuperStream is the new way employers must pay their Superannuation obligations, whereby super is paid and submission of employee information is completed electronically in a standard format. In June 2016 the ATO announced it would provide compliance flexibility to small businesses that were not yet SuperStream ready until 28 October 2016. If you are not […]

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