From 1 July 2024, the national minimum wage will increase to $915.90 per week. National Minimum Wage Increase: From 1 July 2024, the...

Avoid paying the Medicare Levy Surcharge (MLS). The MLS is a 1.5% tax on your taxable income if you earn over a certain amount and don't...

Negative gearing is a common investment strategy in Australia, where an investor borrows money to purchase an asset, such as property or...

In a further round of stimulus, the treasury have today (04/06/2020) announced a $25,000 cash grant for new home construction & major renova

How the governments stimulus package will affect you, your family and your business.

How the governments stimulus package will affect you, your family and your business.

How the governments stimulus package will benefit you

On July 1, 2019 all businesses who have employees on payroll will be required to report their wages to the ATO each time they are paid. This new process is known as “Single Touch Payroll” (STP). What does this mean for you? Everyone will now need to report electronically using an ‘STP’ compliant software provider starting from the first payslip after July 1, 2019. ** You may also need to register for an Auskey (a link to the Auskey registration is provided in Additional

The Instant Tax Write off has been extended to June 2020 & has been increased to $25,000!

If you run a business, you have no doubt heard the term 'single touch payroll' by now. Like most people you have put off looking into it...