Category Archives: Tax

Superannuation Guarantee

Superannuation Guarantee due dates With the final quarterly Superannuation Guarantee (SG) payment for the year coming up, it’s a good time to review your obligations as an employer. SG payments must be received into the employees’ funds by the due date. Quarter 1 | July – September | October 28thQuarter 2 | October – December […]

Taxable Payments Annual Report (TPAR). Do you need to report?

Learn about TPAR and if it’s applicable to your business What is TPAR? TPAR reporting was developed by the Australian Taxation Office to prevent contractors from either not reporting or underreporting their income. Businesses and government entities who make payments to contractors may need to report these payments and lodge a Taxable payments annual report (TPAR) to […]

STP Phase 2 – explained

STP Phase 2

The expansion of STP also referred to as STP Phase 2 (Single Touch Payroll) will be mandatory January 1st 2022. So what does this mean for employers? In short, there’s not a lot that needs to be done right now. The ATO are working with software providers who will update their STP-enabled software to comply […]