ATO releases Tax Time 2020 toolkit for small business

This past year has been unprecedented, with bushfires, drought and COVID-19 making things more difficult for many people in small businesses. The ATO says it wants to help businesses get back on their feet and that small businesses have always been the backbone of our economy. They make up more than 99% of all Australian […]

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Changes to Single Touch Payroll reporting from 1 July

There are changes to Single Touch Payroll (STP) reporting for small employers with closely held payees and quarterly reporting for micro employers and for closely held payees from 1 July 2021. Micro employers are employers with one to four employees. A closely held payee is an individual who is directly related to the entity from […]

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