The ATO’s Single Touch Payroll (STP) reporting requirements: What it means for your business
ATO’s Single Touch Payroll (STP) Reporting requirements: What this means for your business The next stage of the ATO’s Single Touch Payroll (STP) Reporting requirements come in affect from July 1st 2021. All closely held employers must start reporting the amounts paid...
Tax Planning and carry-back loss provisions – Are you eligible?
Tax planning and carry-back loss provisions – Are you eligible? In the 2020-2021 Federal Budget, the government introduced a temporary loss carry back measure. It can be confusing to decipher what this might mean for you and your business. According to the ATO,...
ATO SmartDocs is coming to Nexis
ATO SmartDocs is coming to Nexis Photo by Bench Accounting on Unsplash After years of ATO documents being printed, scanned and faxed, the introduction of ATO SmartDocs means that Nexis Accountants will now be providing you with ATO correspondence via a secure link for...
ACT Government Vouchers – Are you eligible?
ACT Government Vouchers – Are you eligible? After a similar announcement in NSW for $25 vouchers (and a similar scheme in Darwin); the ACT government has announced a stimulus package for local businesses. There will be an initial trial which will commence...
Tax implications for Xmas parties & gifts in 2020
Tax implications for Xmas parties & gifts in 2020 It’s definitely the season to deck the halls. Christmas parties, Secret Santa gifts, work drinks and festive ‘feastivity’ is in the air. They are all part of this time of year and we’re definitely not here to...
