Category Archives

ATO PREPAYMENTS NOW AVAILABLE

The Australian Taxation Office now offer a prepayment option, allowing you to make payments towards your expect income tax or activity statement liabilities before they are due. You don’t need to wait for a bill from the ATO to make payments.  Payments can be made at any time and as often as you like to […]

SINGLE TOUCH PAYROLL

Single Touch Payroll is a government initiative to streamline business reporting obligations. From 1st July 2018 employers with 20 or more employees will need to report using Single Touch Payroll.  Employers will need to report payments such as salaries and wages, pay as you go (PAYG) withholding and super information directly from their payroll software […]

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 […]