by Slye Joy | Jul 27, 2018 | Blog
From 1 July 2018, the introduction of a new payroll reporting system has changed how organisations with 20 or more employees report to the Australian Taxation Office (ATO). Single Touch Payroll (STP) requires employers to report information such as salaries and wages,...
by Slye Joy | Jul 26, 2018 | News
Earlier this week, Treasury opened for public consultation its proposals to strengthen the ABN system, of which submissions close on 31 August.IPA chief executive Andrew Conway said the ABN plays a critical role in the tax system, but registering an ABN without...
by Slye Joy | Jul 25, 2018 | News
Last month, the Institute of Public Accountants showed full support for the SG amnesty, and urged full passage of the bill through Parliament last month.“This one-off amnesty should be supported to allow employers to wipe the slate clean and pay their workers what...
by Slye Joy | Jul 24, 2018 | News
In a Treasury consultation paper, the government noted that the Black Economy Taskforce proposed that ABNs should be subject to periodic renewal. It said a renewal process would indirectly address fraudulent behaviour by prompting ABN holders to have closer engagement...
by Slye Joy | Jul 23, 2018 | News
KPMG Australia partner for enterprise Dominic Pelligana told Public Accountant of the importance of accountants informing small businesses around accessing patient capital, in particular the proposed Capital Enhancement Fund (CEF) and the Business Growth Fund (BGF) as...