On 22 March 2020 the Federal Government Second stimulus package was released in response to coronavirus, with new measures to provide support payments to lower income Australians and individuals and businesses most affected. This includes: 1.) CORONAVIRUS SUPPLEMENT; There will be an expansion to the eligibility of income support payments and the establishment of a […]
The Festival Wall is an exciting collaboration between the Shepparton Arts Festival, Stubbs Wallace and the students from secondary schools in Greater Shepparton. Asking students to respond to the festival theme EVOLVE this outdoor temporary art space is where local and emerging artist can be supported, commissioned and curated as part of the Festival program. […]
The Australian Federal Government has announced a $17.6 billion stimulus package to counter any economic downfall that may be caused by COVID-19 (coronavirus), which is expected to be passed through parliament next week. The measures have the potential to provide significant cash flow to business taxpayers in the short term, funded predominantly through the tax […]
The superannuation guarantee amnesty bill passed Parliament on 24 February 2020 and has now received Royal Assent and is law. This law change provides a number of incentives for employers to pay any unpaid historical superannuation guarantee (SG) amounts relating to the period 1 July 1992 to 31 March 2018. Superannuation guarantee amnesty benefits Provided […]
From 1 April 2020 the commissioner of taxation will be able to hold directors personally liable for their company’s GST liabilities, Luxury car tax and wine equalisation tax. The Director Penalty Notice (DPN) for a company’s unpaid Pay as You Go withholding (PAYG) and superannuation guarantee liabilities are already law. It is important for all […]
The ATO will retire AUSkey access to the Business Portal on 27 March 2020. AUSkey access with be replaced with myGovID and Relationship Authorisation Manager (RAM). Click here for more information on how to set your myGovID. If you need assistance setting up your myGovID please contact our office.
The Directors and Staff at Stubbs Wallace would like to wish you and your family a safe and happy Christmas and a prosperous New Year. Thank you for your support and loyalty over the past 12 months and we look forward to your continued support in 2020. Our office will be closed from 11:00am Friday 20 December 2019 and […]
On Friday 13th September 2019 we celebrated Paul Kealey’s 30 Years Service to Stubbs Wallace. Paul joined Stubbs Wallace in 1989 at the age of 21. He has progressed in the Business over his 30 Years and is now a Senior Accountant. We congratulate Paul on a fantastic achievement and thank him for his dedicated […]
The Fuel Tax Credit rates have increase from 5 August 2019. Visit the ATO Website for information, or for further assistance relating to these changes, please contact our office.
Single Touch Payroll is a government initiative to streamline business reporting obligations. 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 at the same time they pay their employees. Employers with 20 or more employees have already been required […]