I met with a client recently who I will refer to as Tom. Tom’s company was providing services to XYZ company for 3 years. During this time he had billed the company over $1 million. During the last 12 months he was not providing services as an
Single Touch Payroll (STP) reporting commencing 1 July 2021 for closely held payees
The ATO has confirmed that STP reporting for closely held payees will commence from 1 July 2021, after it had granted these employees a one year exemption in the midst of the pandemic last year. What is STP again? Via STP compliant software all
Scams
This is my second article on scams and I don’t like to harp, but sadly I have met with two clients who were victims of scams during December 2020. Client 1 who I will refer to as Jane received an email for renewal of a newsletter she subscribes to
Individual taxation: tax offsets (or rebates)
The income you receive will often be assessable for income tax purposes. However, there will also be instances where the tax payable may be reduced. In this article, we discuss several tax offsets. Read More
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