Use AUSkey or myGov to access the Business Portal?
Use AUSkey or myGov to access the Business Portal? September 20, 2019

On 4 September the ATO announced the way you access their online services is changing.AUSkey will retire in March 2020 as it hasn’t kept up with modern technology. If you're a sole trader accessing the Business Portal using your myGov details you will also be impacted.

It’s time to move to Single Touch Payroll
It’s time to move to Single Touch Payroll September 19, 2019

Single Touch Payroll is here and small employers (those with 19 or less employees) have until 30 September 2019 to start reporting.If you missed our previous blog, please click here for everything you need to know about Single Touch Payroll.

Queensland Government Grants
Queensland Government Grants September 16, 2019

The Queensland Government has numerous grants that are available to assist businesses with various aspects including cash flow funding, growth, employment opportunities and technology advancement.

Queensland Payroll Tax Changes 2019/20
Queensland Payroll Tax Changes 2019/20 September 03, 2019

When the Queensland Labour Government handed down the 2019-20 State Budget they announced that they were focused on jobs growth and improving employment rates. As part of their plan they have introduced three key payroll tax incentives targeted at small and medium businesses.

Removing Tax Deductibility of Non-Compliant Payments
Removing Tax Deductibility of Non-Compliant Payments August 16, 2019

Non-compliant payments to Workers no longer tax deductibleFrom 1 July 2019, a business will only be able to claim a tax deduction for payments to workers (employees or contractors) where the business has complied with the pay as you go (PAYG) withholding and reporting obligations for that payment.

Alert – Director Penalty Notices & Estimates for GST
Alert – Director Penalty Notices & Estimates for GST July 26, 2019

Director Penalty Notices (DPN’s) for GST (similar to those for PAYG and Super Guarantee (SGC) are set to come in from 1 October 2019.The new legislation is aimed at reducing phoenixing activity and gives the ATO substantial powers to make Directors personally liable for unpaid GST. If an entity fails to lodge a GST return the ATO can collect GST based on their own estimates.

The pitfalls when linking the ATO to your myGov account
The pitfalls when linking the ATO to your myGov account July 02, 2019

With Single Touch Payroll now in full swing you may have been advised by your employer to setup a myGov account and link it to the ATO in order to obtain your Income Statement for 2019 (formerly known as PAYG Payment Summary).

Superannuation payment deadline to ensure a tax deduction this financial year
Superannuation payment deadline to ensure a tax deduction this financial year June 13, 2019

To be eligible to claim a tax deduction for employee Superannuation Guarantee Contributions (SGC) for this financial year, your employee’s superannuation fund must have received and processed any payments made by you on or before 30 June 2019.

Single Touch Payroll (STP) deadline of 1 July 2019 is fast approaching!
Single Touch Payroll (STP) deadline of 1 July 2019 is fast approaching! June 13, 2019

Single Touch Payroll (STP) starts from 1 July 2019 for all employers with 19 or less employees. Employers with 20 or more employees needed to start reporting from 1 July 2018, unless covered by a deferral.

WE AIM TO BE YOUR NUMBER ONE ADVISER

If you are looking for strategies that work,
call us on 07 3831 1055 or send us a message below.