The recent 3.3% increase in award wages is yet to be confirmed by the Fair Work Commission.
Most business owners are honest and know that running a business can be difficult. So by finding industry-wide patterns, the ATO can see who may need assistance.
As cash continues to be more common in certain types of businesses, the ATO is pushing the advantages of electronic payment and record keeping systems as more beneficial – especially in the long run.
The ATO have multiple events scheduled for the Australian Capital Territory in June 2017.
There are situations when an employer can make pay deductions or get an employee to pay them back, such as when an overpayment has occurred.
If you provide fringe benefits to your employees, you need to lodge your fringe benefits tax return by 22 May.
The ATO know superannuation can be difficult – there are more pressing issues and when you’re running a business and retirement seems a long way off. Register to read more …
For those on the North Coast of NSW that have been affected by Cyclone Debbie, the ATO undestands that you have more immediate issues to worry about than your tax obligations and the ATO is happy to help you sort out your tax affairs later. Register to read more …