Legislation has recently been passed to bring Single Touch Payroll (STP) reporting for all small employers (with fewer than 20 employees) from 1 July 2019. Although this is a significant change in procedure, there are measures that can be taken to ensure a smooth transition.
The waters when it comes to your Total Superannuation Balance and additional contributions can sometimes be a bit murky. Here we outlay the additional contribution options so clear the matter up for you.
The government has released the Productivity Commission’s final report of its review of the Australian superannuation system, with a vast number of recommendations issued within.
Resolving tax disputes with the ATO can be a long and laborious process. But the Federal Government intends to make dispute resolution easier, cheaper and quicker for small businesses.
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