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Single Touch Payroll (STP) Phase 2
Update
Single Touch Payroll (STP) Phase 2

Since the introduction of Single Touch Payroll (STP) in 2019-2020, the majority of businesses are now using STP for their payroll reporting processes and most… from Single Touch Payroll (STP) Phase 2

Superannuation Guarantee update
Update
Superannuation Guarantee update

As of 1 July 2022, the “Superannuation Guarantee” will be increasing from the current 10% to 10.5%. This means that by law, all employers will… from Superannuation Guarantee update

New draft guidance on family trust beneficiaries
Tax
New draft guidance on family trust beneficiaries

The ATO recently released new draft guidance material on how trusts distribute income. Under this new guidance, many family groups may pay higher taxes. Currently,… from New draft guidance on family trust beneficiaries

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