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Single Touch Payroll

What is Single Touch Payroll?

With Single Touch Payroll (STP) you can send tax and superannuation information directly to the ATO from your accounting or payroll software, each time you pay your employees. Here we’ll cover the basics of single touch pay and how it affects Australian businesses.
Fringe Benefits Tax Also Known As FBT

A Short Guide to Fringe Benefits Tax (FBT) for Small Business

While income tax and company tax seem to be front of mind for most businesses, fringe benefits tax (FBT) is applicable when employers provide certain benefits to their employees or associates of employees (usually family members connected to their employment). Let’s look at the basics of fringe benefits tax.
ATO Garnishee Notice Blitz

How to Avoid the ATO Garnishee Notice Blitz

Did you hear the ATO’s cracking down on tax debt harder than ever? Their latest approach has been to increase the number of garnishee notices they issue to business owners with outstanding tax debt. That means they could withdraw cash directly from your bank account to recover debts. Here’s what you need to know about the crackdown, and how to avoid it.
How To Get Your Business Tax-ready

How to Get Your Business Tax-Ready

Having entered a new financial year, it’s a good time to start thinking about your tax obligations and available concessions so you can avoid any compliance issues and save time and money. Here are a few tips to help you prepare for tax time.

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