LATEST ACCOUNTING NEWS

There’s still time to move to Single Touch Payroll (STP)

It’s not too late to join the other 550,000 employers who are reporting through Single Touch Payroll (STP), but time is running out.

 

 

If you aren’t reporting through STP, you can start by:

  • finding a software solution that’s right for you.
  • asking for a concession. This could be reporting quarterly at the same time as your activity statement. Eligibility will depend on your circumstances.
  • asking for more time if you're not ready.

We understand that it takes time to transition to STP, but there are a range of options to assist your transition. Watch our video of a small business owner's experience transitioning to STP.

If you have been affected by a natural disaster, there is additional support available and we will help you sort out your tax affairs later.

Remember, registered tax agents can help you with your tax.

Find out more about:

 

ATO

 

 

 

Hot Issues


Political shenanigan in an election year will ensure no enonomic recovery in the US until 2013 | Europe will unwillingly accept its economic reality, Eurozone will face structural change as peripheral countries finally default leaving bond markets in chaos | China will move to slow its economy to avert economic meltdown as export-led recovery fails to materialize. This will impact the resources boom in Australia, lead to higher unemployment and potential recession spurred by weak manufacturing and retail