Minimum tax on discretionary trusts
The 2026–27 Federal Budget included a significant proposed change to the taxation of discretionary trusts. The Australian Government has announced that, from 1 July 2028,… from Minimum tax on discretionary trusts
Wondering how to get STP ready?
If you are using Xero:
If you don’t want to opt in right now, close the message by clicking not now.
Xero will redirect you back to the Pay employee’s page. You’ll now see an STP filing column in the Pay Run History table.
For more info: https://central.xero.com/s/article/Set-up-Single-Touch-Payroll-STP
If you have not set up your business with payroll for closely held employees, you will need to setup your organisation prior to getting STP ready.
For more info: https://central.xero.com/s/article/Prepare-for-payroll-AU