Tax Audit Insurance
By Chris Burnett The recent federal government budget provided the ATO $1 billion over four years from 2019-20 to extend their compliance and audit activity. This unprecedented funding coupled with advances in technology and reporting obligations has provided the ATO with more information and data matching capabilities than ever before. They now have the ability […]
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Changes to the small business instant asset write-off
The recently passed Bill also increased the write-off threshold from $20,000 to $25,000 – which took effect retrospectively from 29 January 2019.
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Single Touch Payroll (STP) for small and micro employers
Single Touch Payroll (STP) is an electronic way to send payroll information including tax and superannuation to the ATO from the payroll/accounting software each time you pay your employees.
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