Single Touch Payroll (STP) for Closely Held Payees

The ATO have announced that they will allow deferral of Single Touch Payroll (STP) Phase 2 transition (for closely held payees). Where employers can start reporting from 1 January 2022, the ATO will support and encourage them to transition. If employers can start...

NSW CoVid-19 Support Grants

The New South Wales Government has numerous COVID-19 support grants including the following: JobSaver payment If your business has an annual turnover between $75,000 and $250 million and you’ve experienced a decline in turnover of at least 30% due to COVID-19...

Qld CoVid-19 Support Grants

Don’t Forget! COVID-19 Business Support Grant applications are still open. Applications will remain open until: 16 November 2021 for eligible employing businesses; and 30 November 2021 for eligible non-employing sole traders. Additionally, the Queensland Government...

Changes to Super for Employees from 1 November 2021

From 1 November 2021, if you have new employees start and they don’t choose a specific super fund, you may need to request their ‘stapled super fund’ details from the Australian Taxation Office. A stapled super fund is an existing account that is linked, or ‘stapled’...