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What Sole traders need to know about the Jobkeeper Stimulus Package

With the social distancing and shut-down measures that have been imposed in order to combat the spread of Covid-19, many businesses are really feeling the financial pressure. In order to enable as many enterprises as possible to survive, and even thrive, during and after the current wave of Covid-19 restrictions, the government has put together…

What Companies need to know about Jobkeeper Stimulus Package Eligibility

The Covid-19 pandemic is a worrying time, not least because many businesses are wondering how best to support their employees when income has dried up. To assist the many enterprises across the country that have either had to close completely or seen a dramatic reduction in trade due to the pandemic, the government has put…

Federal Court affirms PAYG amounts “withheld” from salary or wages

Federal Court Upholds Tax Credit, Despite Non Reporting of PAYG Withheld Amounts It is commonly understood that all PAYG amounts classed as “withheld” from the salary or wages of a taxpayer, must be reported to the ATO. This is a standard element of tax compliance, and is something that the vast majority of Australian tax…

The New Family and Domestic Violence Leave Entitlement – What You Need to Know

On December 12, 2018, a new act took effect in Australian employment law. This is the Fair Work Amendment (Family and Domestic Violence Leave) Act 2018, an updated component of the Fair Work Act of 2009. This latest amendment gives all employees the right to unpaid annual leave following an instance of domestic or family…

Single Touch Payroll Updates

Single Touch Payroll (STP) is a method of submitting tax and other payroll information to the government directly from your software system every time you pay your employees. When STP comes into effect If you are an employer with at least 20 employees, you should already be reporting through STP. The only exception is if…