What Is Single Touch Payroll And How Does It Work?

What Is Single Touch Payroll And How Does It Work?

Single Touch Payroll (STP) Single Touch Payroll is a  regulation that requires a business to report their pay information with each pay run. What do I need to do as a business owner? Employees’ gross pay,  tax, and supa  must be reported to the ATO  with each...
Ultimate Guide To Good Record Keeping

Ultimate Guide To Good Record Keeping

In this article, we will look at why record keeping is one of the key responsibilities of a small business owner and what happens when there is no systematic or coordinated record keeping. Common Myth I should only keep documents after I start making money True/False...
8 Common Gst Mistakes And How To Avoid Them

8 Common Gst Mistakes And How To Avoid Them

(1) Failing to Register for Gst   Not registering for GST when you have reached the threshold. The revenue for GST registration is $75000. For not for profits it is $150000. It is important to pay attention to how this $75000 is reached. The ATO has criteria for...