12-month super guarantee amnesty announced
Superannuation Guarantee Amnesty On 24 May 2018, Minister for Revenue and Financial Services announced the commencement of a 12-month Superannuation Guarantee Amnesty (the Amnesty). The Amnesty is a one-off opportunity for employers to self-correct past super guarantee (SG) non-compliance without penalty. Subject to the passage of legislation, the Amnesty will be available from 24 May 2018 to 23 May 2019. Employers who […]
Single Touch Payroll
Get ready for Single Touch Payroll Single Touch Payroll mandatory for ‘substantial employers’ (with 20+ employees) from 1 July 2018. All employers are required to count the number of employees on their payroll on 1 April 2018 to find out if they are a substantial employer (note that this can be done after 1 April, […]
Single Touch Payroll coming – be ready with Xero
1 July deadline to adopt STP fast approaching But if your business is on Xero, there’s some good news You may have extra time. Thanks to the ATO, Xero subscribers will have a deferral of as much as six months to ensure a smooth rollout of Single Touch Payroll (STP). Xero will be ready for […]