Single Touch Payroll – ATO discussion paper

The ATO has issued a discussion paper on the proposed introduction of single touch payroll for employers from 1 July 2016. Under Single Touch Payroll, employers will be required to electronically report payroll and superannuation information to the Tax Office when employees are paid using Standard Business Reporting-enabled software. In addition, Single Touch Payroll will…

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PAYG relief for workers with more than one job

If you receive income from more than one source and are certain that you will earn less than $18,200 in total income for the financial year, you can now claim the tax-free threshold from all your employers and other withholding payers. To claim the tax-free threshold you will need to complete a Withholding declaration and…

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Fair Work help for small retailers

New resources developed by the Fair Work Ombudsman will help small businesses and their advisers, by allowing them to access industry-specific information on the Australian retail sector. The new resources can be found on theĀ Fair Work website and will provide: tools to assist employers to calculate pay rates information on modern awards and the National…

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