Compiled by our Tax Experts the NTAA Single Touch Payroll Update Employers with 19 or fewer employees are required to start reporting through Single Touch Payroll (‘STP’) from 1 July 2019. The ATO will be working with employers to support them as they transition to STP, including allowing small employers to start reporting any time […]
ACCOUNTING
Practice Update: May 2019
Compiled by our Tax Experts NTAA. Federal Election called! The Federal Election has been called for Saturday 18 May 2019, and the Governor-General has ‘prorogued’ the Parliament from 11 April 2019 until 18 May 2019, and dissolved the House of Representatives. The election will also be for half the Senate. As a result, all outstanding […]
Practice Update: January/February 2019
Compiled by our Tax Experts the NTAA Division 293 assessments The ATO has been issuing ‘Additional tax on concessional contributions (Division 293) assessments’ with respect to liabilities relating to the 2018 income year. Division 293 imposes an additional 15% tax on certain concessional (i.e., taxable) superannuation contributions. It applies to individuals with income and concessional […]
Workplace Relations News: December 2018 By Tania Harris
Tasmanian Public Holidays 2019 A REFERENCE POINT to Learn Changes in Australian Law. Issues that Affect Your Business. Keeping Employers Up-to-Date. DOMESTIC VIOLENCE LEAVE INCLUDED IN NATIONAL EMPLOYMENT STANDARDS On 6 December 2018, the Fair Work Amendment (Family and Domestic Violence Leave) Bill 2018 (Bill) passed both Houses of Parliament. The Bill will come into effect on a date to […]
Australian Federal Police- Scam Alert
Australian Federal Police 22 November at 15:54 · SCAM ALERT! Did we call you on your cell phone? Answer – probably not… There’s a new version of an old tax scam doing the rounds, but guess what scammers, we’re exposing your secrets: – First, they’ll call with an automated message saying they’re from the “tax […]