Question: How do I create a tax scale for the recently introduced “Backpacker Tax”? Solution: Create a new PAYG Tax Scale with percentages for the new backpacker levels. The Issue In December 2016 the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from parity with “Residents” […]
Category Archives: Tax
Question: How do I create a tax scale for the recently introduced “Backpacker Tax”? Solution: Set the Employee Tax Details to Tax Code 8-No TaxC and the Tax% field to 15%. The Issue In December 2016 the Australian Government finalised the re-categorisation of foreign visitors on working holiday visas (“backpackers”) for PAYG withholding purposes, from […]
Tax (BAS) News Now that the financial year has ended, your business may soon need to meet some compliance reporting deadlines. If your business needs to lodge an income tax return the due date will depend upon your business structure. Sole traders, partnerships and trusts – your tax return is due by 31 October, unless you […]
Easily comply with the ATO SuperStream legislation and submit your data via our NEW easy-to-use portal. The SuperStream deadline is fast approaching. Businesses with 19 or less employees have until 30 June 2016 to be compliant. For those with 20+ employees, the deadline has passed and you’ll need to get up-to-date to avoid fines by […]
The Deadline for SuperStream is fast approaching The ATO will be contacting small businesses with 19 or fewer employees about SuperStream from late March 2016 onwards. You may therefore receive an email, SMS, or letter from the ATO reminding you of the importance of getting ready for SuperStream by the 30 June 2016 deadline. It’s at […]
If you’re thinking of holding a staff Christmas party this year make sure you consider health and safety regulations. While your staff may be ‘off the clock’, you’ll probably still be responsible for their health and safety. Here’s some suggestions to help your workplace celebrate safely: Send a friendly email to staff before the party reminding […]