Many businesses will be shut down during the holiday period, especially in December and January. But when you report through Single Touch Payroll (STP) you need to lodge your payroll informa...Read MoreRead More
The ATO has warned taxpayers that it holds data on more than $100 billion held in offshore accounts and uses sophisticated analyses to identify the taxpayers with unreported foreign income.
...Read MoreRead More
The State Taxation Acts Amendment Act 2019 received Royal Assent yesterday and introduces a number of changes to duties, land tax, payroll tax and land valuations, including those flagg...Read MoreRead More
Low and Middle Income Tax Offset (LMITO) amount and availability have been changed for 2019 financial year.
Please note the following guidance and contact us if you have any questions:
...Read MoreRead More
From the 2019–20 financial year onwards, businesses providing road freight, information technology (IT), security, investigation or surveillance services are legislated to report contracto...Read MoreRead More
What is Single Touch Payroll (STP)?
STP is a reporting system to send PAYG withholding tax and Superannuation details to ATO from the STP-enabled software to ATO each time when you pay yo...Read MoreRead More
The ATO will be closely scrutinising certain cross-border funding arrangements that seek to avoid payment of withholding tax.
The arrangements typically provide a deduction in Australia ...Read MoreRead More
There are some recent changes in regards to the tax and super and may affect Gavin Ma & Co clients:
Tax debt information disclosure — a 2016-17 MYEFO measure allowing the ATO to d...Read MoreRead More
