Single Touch Payroll Update
Single Touch Payroll (STP) officially commenced for larger employers on 1 July 2018, and the ATO has provided some further guidance for affected entities. The ATO is writing to employers who started reporting through STP before 1 July 2018, providing them with information about how their employees’ payment summary for 2017/18 may change with STP, […]
STP – Single Touch Payroll in MYOB AccountRight
Employers of 20 or more staff (according to a simple headcount on 1 April 2018) will be required to lodge their payroll figures to the ATO after each payrun from 1 July 2018. This will provide real-time PAYG tax figures to the ATO and remove the need for payment summaries at the end of the […]
Ten tips to manage bookkeeping
Feeling overwhelmed with your receipts? Not sure where to start or what the most effective way to manage them?