Australian Taxation Office Deferrals And Other Concessions
The ATO intends to provide relief to businesses impacted by COVID-19 through a number of measures. What are they and how do they affect you?
Business Tax
Do you know if you need to report a TPAR?
The TPAR report is designed to allow the ATO to improve compliance with tax obligations by comparing payments made by one contractor against the tax returns of the business they pay. What is a TPAR, and does this affect your business?
The Australian Governments Second Economic Response to the Corona Virus*
On 22 March the Government announced a second set of economic responses to the Corona Virus emergency. The economic measures are designed to support businesses in managing short-term cash flow challenges, provide support to individuals, severely affected communities and regions, and to ensure the continued flow of credit in the Australian economy.
The Australian Government’s Economic Response to Coronavirus
On 12 March 2020, the government announced a package of measures to help the economy withstand and recover from the economic impact of coronavirus. The following measures will be administered by the ATO.
Are you an employee or a contractor? It pays to know the difference
In today’s fast-changing workplace, the gig economy is booming. More and more companies hire external consultants, contractors and freelancers on a per project basis rather than hire full-time staff. However there is a risk, and a grey cloud, when it comes to employment and who is considered staff and who is considered a contractor.
Do I Need To Lodge STP For My Small Business
If you’re a small business owner, things have changed in the way you report your employee obligations and entitlements to the Australian Taxation Office (ATO). No matter how small your business is, even if you only have one employee, you’ll need to report your obligations using Single Touch Payroll.