With the Single Touch Payroll deadline for small businesses just around the corner, the ATO has warned many operators remain non-compliant and that could mean a logistical nightmare if left too long.
Single Touch Payroll is one of the biggest changes since GST. As such, it also offers many opportunities for accounting practice owners and their SME business clients alike, writes Amanda Gascoigne.
Running a small business often means working with small margins. In turn, smaller margins require keeping a diligent eye on company expenses and effectively cutting costs when needed.
Amanda Gascoigne explains how to play your Single Touch Payroll cards right when it comes to SME clients with outstanding superannuation guarantee (SG) contributions.
With the Australian Federal Election just around the corner, opposition leader Bill Shorten has made it clear he intends to increase the minimum wage in Australia – something that will likely impact SMEs around the country.
Some payroll vendors received an STP deferral in 2018, but those deferrals expire soon. Now’s your last chance to make sure you and your vendor is up to speed.
There’s lots to do as a business owner as you focus on year-end accounting and bookkeeping tasks in addition to some forward planning for the new financial year. To help simplify things, here’s a handy EOFY checklist for businesses.
With STP now a requirement for all businesses and EOFY just around the corner, starting discussions about how your small business clients are managing payroll is a no-brainer.
We thought this was going to have happened already, but it seems Single Touch Payroll (STP) legislation has finally passed, meaning all businesses are required to submit payroll data every pay run as of 1 July this year.