by C&N Accountants | Apr 18, 2023 | Small Business, STP (Single Touch Payroll), Tax & Accounting, Tax Planning
What is Single Touch Payroll (STP)? Small businesses and employers must now report superannuation contributions, income tax withholdings and other payment information via a Single Touch Payroll (STP) system. This system replaced the traditional paper-based reporting...
by C&N Accountants | Apr 28, 2021 | Tax & Accounting
Top Tips for Preparing Your Income Tax Return The end of the financial year can be an exhausting and stressful time for small businesses and individuals. Throw in the complications of Covid-19, and, preparing for the EOFY has become an increasingly complicated process...
by C&N Accountants | Apr 28, 2021 | ATO
Single Touch Payroll Reporting | ATO changes The Tax Office has laid out some of the major changes to reporting for businesses under Phase 2 of Single Touch Payroll (STP). The federal government said in the 2019–20 budget that Single Touch Payroll would be expanded to...