Single Touch Payroll (STP) is being expanded to reduce the burden on employers who need to report employee information to multiple government agencies. By now most businesses will be well versed in using the first phase of Single Touch Payroll (STP), an ATO initiative...
Why does it seem that the end of financial year (EOFY) creeps up upon us every year? We could blame the short winter days, hurtling by at the speed of light, but in reality, we all know it’s coming, it happens every year. So why does it seem to be a last-minute rush...
On Tuesday night Josh Frydenberg delivered the Australian Federal budget for 2021-2022. While there were obvious funding front-runners, such as the COVID-19 vaccine and aged care, what were the outcomes for Australia’s small and medium businesses? Areas such as small...
Recent high-profile cases have highlighted that wage underpayment is an issue very much of the times. This issue can be traced back in part to the fact that modern awards are complex and bewildering, leaving many workplaces unable to implement the letter of the law in...
35 years ago Microsoft released an amazing tool that helped business save countless hours, improve traceability and grab greater market share. In 1985 Excel spreadsheets came onto the market which enabled businesses to cut back on handwritten paperwork, inventory...
MYOB Tax Tables Updates 2020 Recently the Australian Tax Office revised the Tax Scales that are applicable to all income earners. This means that all employees will have slightly more in their take home pay each week ! The recent Australian Federal Budget introduced...
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