Apr 8, 2022 | COVID-19, Employers, Federal Budget 2022, Self Managed Super Funds, Single Touch Payroll, Small Business, Superannuation, Taxation
The Morrison Government’s 2022 Federal Budget was handed down on 29 March 2022 by Treasurer, Josh Freydenberg. Unemployment is down at its lowest in almost 50 years however inflation is on the rise due to factors such as the Pandemic and the war on the Ukraine,...
Mar 12, 2021 | Employers, Single Touch Payroll
Background Single Touch Payroll (STP) was introduced by the Australian Taxation Office (ATO) requiring employers to report their payroll data in real time based on their payroll frequency. It replaced the previous system of issuing PAYG Payment Summaries to employees...