News
Varying PAYG instalments due to COVID-19
November 12, 2021
Taxpayers can vary their pay as you go ('PAYG') instalments throughout the year if they think they will pay too much, compared with their estimated tax for the year.
Preparing for the new Director ID regime
November 5, 2021
As part of its Digital Business Plan, the Government announced the full implementation of the 'Modernising Business Registers' program.
This included recently enacted legislation introducing the new director identification number ('director ID') regime.
Reminder of SG obligations for September 2021 quarter
October 21, 2021
Employers are reminded that the due date for
making SG contributions for the September 2021
quarter is 28 October 2021.
Additional ATO support during COVID-19
October 21, 2021
The ATO is providing additional support to
taxpayers having difficulty meeting their tax and
superannuation guarantee charge obligations for
employees because of COVID-19.
Reminder for first-time share investors to declare income
October 13, 2021
The ATO has issued a reminder for first-time share and
Exchange Traded Funds ('ETF') investors.
ATO support for employers with expansion of STP
October 13, 2021
As part of the expansion of Single Touch Payroll
(known as STP Phase 2), from 1 January 2022,
employers will need to report additional payroll
information in their STP reports
Extra super step when hiring new employees
October 13, 2021
Employers may soon need to do something extra
when a new employee starts to work for them.
Time running out to register for the JobMaker Hiring Credit
September 8, 2021
The JobMaker Hiring Credit scheme's third claim period is now open, so if a taxpayer has taken on additional eligible employees since 7 October 2020, they may be able to claim JobMaker Hiring Credit payments for their business.
Travel allowances and ‘LAFHAs’
September 8, 2021
Whether accommodation and food and drink expenses are deductible depends on the facts and circumstances of each case, so the Ruling uses examples to show how to determine the deductibility of these expenses in a range of situations.