by Shared by ABC | Jul 1, 2019 | News
The Coalition has been pressuring Labor to back its $158 billion, three-stage income tax cuts since it won the May election. Read more at the ABC.
by Shared by MyBusiness | Jul 1, 2019 | News
The ATO has repeated its previous position that no penalties would apply for the first 12 months of Single Touch Payroll (STP), which took effect for larger employers from 1 July 2018 and has now been rolled out to smaller employers (those with 19 or less employees)...
by Maja Garaca Djurdjevic | Jul 1, 2019 | News
From 1 July, the government will pay invoices for Commonwealth government contracts under $1 million within 20 days. Moreover, the government said it is working to require large businesses to match the government’s 20-day payment terms or they risk losing future...
by Maja Garaca Djurdjevic | Jun 30, 2019 | News
In the first compliance action of its kind, the TPB issued six tax practitioners with three sanctions each on 20 June, for failing to lodge annual declarations by 1 April. The sanctions comprised a written caution; an order to lodge their annual declaration within two...
by Shared by MyBusiness | Jun 30, 2019 | News
Tasmanian accountant Tony Culberg OAM said that, in reviewing his individual clients ahead of 30 June, he had identified a number of their employers — including government agencies and listed companies — that are not yet reporting payroll information via the Single...