The coalition has delivered their 5th Federal Budget and this year, Scott Morrison's theme of “living within their means” was focused on delivering income tax cuts, providing essential services and returning to a surplus a year earlier than previously outlined.
Single Touch Payroll (STP) is a change to reporting for employers. Employers will be required to report payments to employees directly from their accounting/payroll software to the Australian Tax Office (ATO).
With Christmas just around the corner, many Business owners start thinking about ways to thank their employee’s for their hard work during the year.
On Tuesday 12th of September 2017, Federal Parliament passed Treasury Laws Amendment (2017 Enterprise Incentives No. 2) Bill 2017.