The expansion of Single Touch Payroll, known as STP Phase 2 has been deferred depending on your Digital Service Provider. It is important you understand which circumstances apply to you and what you need to do to prepare for STP Phase 2.
We saw a change of government when Labor won the election on Saturday night, but what does this mean for your taxes?
For decades, the consensus passed down by the generations before us haven’t deviated far from the “Golden Rule”, that the best thing you can do is save, save, save! Is this something that should continue to be pushed onto the coming generations?
Several tax changes apply in the 2021/22 income year. A brief summary is provided in this newsletter. There may be some advantages in acting on some of these items before 30 June 2022
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